Washington, DC – Americans for Financial Reform, an unprecedented coalition of more than 250 national and state organizations working together for strong financial reform, issued the following statement today:
Lisa Donner, Executive Director, Americans for Financial Reform: “Elizabeth Warren is exactly the right person to set the new Bureau of Consumer Financial Protection on the right course: putting the public interest first and standing up to unfair tricks and traps from big banks and financial industry special interests. Praised by experts across the political spectrum, she has been an effective, independent, and tireless fighter for American families, and she is the leader the Bureau needs. As financial reform moves through the treacherous path of regulation writing, Wall Street is busy trying to thwart regulators from doing the job Congress laid out – keeping the big banks in check. With Elizabeth Warren leading the way, and the public keeping up its vigilance, they will not succeed. Reporting to the President, Professor Warren will be a strong voice at the White House for families and for financial reform that works.”