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Articles tagged with: Wall Street

AFR Memo: Debate on CFPB Mission Strikes Positive Chord With Public
January 10, 2018 – 11:15 am

By overwhelming majorities, across party lines and geographies, the American public supports the mission of the Consumer Financial Protection Bureau, and rejects standard arguments against it.

AFR Fact Sheet: Wall Street and the Tax Bill
December 22, 2017 – 10:16 am

The briefing paper linked below uses Penn-Wharton and IRS data to show how the financial sector is a big winner from the passage of the Tax Cuts and Jobs Act, with almost $250 billion in …

AFR/TOWS Statement: Unpopular, Harmful Tax Cuts Reward Wall Street Donors
December 20, 2017 – 1:40 pm

At a time when millions of everyday Americans are struggling with stagnant wages, Republicans decided to use the tax code to reward its contributors. Polls have shown that the Republican tax bill is deeply unpopular. Voters recognize it for what it is: a giant holiday gift to Wall Street and the super rich that the rest of us will be paying off for decades.

AFR Statement: Trump Tweets Tough on Wall Street As Record Shows Opposite
December 8, 2017 – 2:13 pm

The notion that this administration is or will be tough on Wall Street doesn’t pass the laugh test, and that fact is evident in deeds, not tweets. Trump has put Goldman Sachs executives in the most senior positions in the government, and pushed for a giant tax cut for Wall Street.

AFR Statement: Public Interest Groups File Amicus Brief In Support of Leandra English as CFPB Director
December 8, 2017 – 1:33 pm

Americans for Financial Reform joined a group of public interest advocates in support of Leandra English’s lawsuit to be recognized as the sole lawful Acting Director of the Consumer Financial Protection Bureau.

AFR Statement: Attempt to Put Mulvaney in at CFPB Shows Contempt for American Consumers
November 27, 2017 – 5:47 pm

Mulvaney has said he is opposed to the very existence of the CFPB, and as a member of Congress he voted in favor of Wall Street banks and predatory lenders — his largest donors — again and again. The CFPB has recovered $12 billion in ill-gotten gains on behalf people around this country. It is this work that the administration apparently wants to destroy

TOWS Statement: House Tax Bill a Gift to Wall Street
November 16, 2017 – 2:08 pm

The Take on Wall Street campaign denounces the passage of a tax bill in the House of Representatives that would give Wall Street and the 1% over $1 trillion in tax breaks while leaving many middle-income Americans paying higher taxes, increasing the public deficit, and leading to deep cuts in important public services.

TOWS Statement: Tax Bill Would Give Wall Street Massive New Tax Breaks
November 3, 2017 – 12:05 pm

The Take on Wall Street campaign denounces the just-unveiled tax bill as a giant giveaway to an industry whose reckless behavior led to a searing recession from which many Americans have not yet recovered.