The message, for too long, has been that policymakers must choose between policies that protect shareholders’ interest and those that protect workers’ interests. Investors know that economic stability is good for investment outcomes. Over the long-term, economic stability requires broad-based economic growth and shared prosperity.
Today at a public hearing at the Department of Education, AFR’s senior policy analyst gave testimony about the need to reinstate the Memorandum of Understanding with the CFPB, ended by Secretary DeVos to widespread criticism.
Testimony of Peter Skillern, Executive Director Community Reinvestment Association of North Carolina United States House of Representatives Financial Institutions and Consumer Credit Subcommittee Wednesday, March 3, 2011 Thank you Representative Capito and Representative Maloney for the opportunity to speak with you on the impact of
Download this testimony as a PDF. Chairman Lincoln, Ranking Member Chambliss, and Members of the Committee, thank you for inviting me to testify before you today. The American people clearly sense that there is something deeply flawed in the current structure of our financial markets
Download this testimony as a PDF. Introduction: This testimony describes why we recommend that consumer protection for financial products and services be consolidated within a new federal Consumer Financial Protection Agency. A review of the history of consumer protection by the Federal Reserve and the