AFR Statement: House Committee Approves Gift to Wall Street and Predatory Lenders

Carter Dougherty
Communications Director
(202) 251-6700

Statement from Lisa Donner, executive director, Americans for Financial Reform:

“The committee has passed a bill that would give Wall Street and assorted predatory lenders a free hand to abuse consumers, and investors, and would increase the likelihood of another financial crisis. If it became law it would make life harder for American families, and for small businesses of all types. The rejection of numerous amendments unmasked any pretense to the contrary. It is a enormous package of gifts for Wall Street and the worst actors in finance.”