Home » Archive by Tags

Articles tagged with: Senate

AFR Statement: Senate Rollback of CFPB Auto Lending Guidance Fosters Discrimination
April 18, 2018 – 12:51 pm

Senators who voted to reverse this important CFPB action have also opened the door to challenging long-standing regulatory actions that are crucial to protecting workers, consumers, civil rights, the environment, and the economy

AFR Statement: Senate Commemorates Financial Crisis With Deregulation Bill Vote
March 14, 2018 – 6:55 pm

The legislation approved by a bipartisan majority in the Senate doesn’t serve families or communities, nor is it policy that most Americans support. It puts the interests of financial institutions ahead of the rest of us

AFR Statement: Bipartisan Senate Bill Rewards Banks While Leaving out Consumers
December 13, 2017 – 10:10 pm

A bipartisan majority of lawmakers on the Senate Banking Committee last week rejected a series of public interest amendments in order to advance a bill full of gifts to banks.

Letter To Congress: Reject S 2155 — A Gift to Bank Lobbyists
December 4, 2017 – 10:23 am

AFR sent a letter urging Senators to reject S 2155, which contains some two dozen deregulatory gifts to bank lobbyists and only minimal consumer benefits
AFR Opposition Letter to S 2155

AFR Statement: Senate Dodd-Frank Changes Would Benefit Banks Not Look Out for Consumers
November 13, 2017 – 5:16 pm

Congress ought to be passing robust new consumer protections, not doing favors for banks. Annual industry earnings by banks set a new record in 2016, and community banks saw even faster growth than big banks. Over 95 percent of community banks turned a profit last year.

AFR Statement: Stories of Wells Fargo Victims Drive Home Injustice of Forced Arbitration
October 23, 2017 – 9:02 am

Americans for Financial Reform is stepping up its campaign in support of the consumer’s right to a day in court. A significant five-figure digital campaign targeting Maine, Alaska, Louisiana and Arizona will tell the stories of Hudson and Byrd, who were scammed by Wells Fargo – and left with no means of pursuing justice.

AFR Statement: Stop Senate Rush to Roll Back Protection from Forced Arbitration
September 25, 2017 – 5:32 pm

This rush toward a vote in the Senate is a cynical attempt to roll back an important consumer protection before anyone gets straight answers from Equifax and Wells Fargo about the damage they’ve done to the financial lives of millions of Americans.

AFR in the News: Senate Slows Down Controversial Cost-Benefit Analysis Bill
November 20, 2012 – 2:14 pm

Facing wide criticism, Senate homeland security committee drops plan for a markup, promises to hold a hearing instead.