AFR urges regulators to strengthen their original proposal and not to be swayed by exaggerated industry concerns about market liquidity.

“Nearly two dozen professors and groups have joined the effort. Bank of America, the Fed and the Treasury declined to comment on the planned petition. …the letter was distributed on a list-serve for a coalition called Americans for Financial Reform…”

Under current law, there is no single body designated to look at the “big picture,” and head off financial crises like the crash of 2008 and major non-bank players in the financial market operated in …

Nobel Prize winning economist Joseph Stiglitz writes in Politico about the upcoming Conference Committee between the House and Senate.  He writes:
The future of improved financial regulations depends largely on how the differences between the House …

New Report Details Vast Army Of Former Federal Workers Now Lobbying For The Big Banks
A new report, released today, shows that throughout the financial reform debate, the finance industry has spent an estimated $1.4 million per day to influence Congress, …