All posts by admin

No Thumbnail

AFR Summary of Dodd-Frank

A Brief Summary of the Dodd Frank Wall Street Reform Act CFPB  The new Consumer Financial Protection Bureau is the biggest consumer reform since deposit insurance in the 1930s. Consumers will now have one-stop shopping for consumer protection and an independent advocate on their side

No Thumbnail

Dodd-Frank: Final Votes

AFR tracked the individual votes of Senate and House members during the financial reform debate.  Click below to see their voting records and related comments. S. 3217 Final Passage and Selected Amendment Voting Record Senate Voting Record Key HR4173 Final Passage and Selected Amendment Voting

No Thumbnail

AFR Supports the Medical Debt Relief Act

September 27, 2010 Dear Representative: Consumers Union, the nonprofit publisher of Consumer Reports ®, the Americans for Financial Reform (a coalition of over 250 national state and local groups), the Consumer Federation of America (CFA), the National Association of Consumers Advocates (NACA), the National Consumer

No Thumbnail

Coalition Sends Comments to FDIC on Overdraft Fees

A coalition of consumer advocates recently sent this letter to Sheila Bair about the FDIC and overdraft fees. Dear Ms. Bair: We, the undersigned civil rights, labor, consumer, housing, community,  business, and sustainable and responsible investor groups, write to thank the FDIC for bringing attention

No Thumbnail

Michael Greenberger on Definitions and Derivatives

Professor Michael Greenberger has prepared a comment letter in response to definitions contained in Title VII of Dodd-Frank Wall Street Reform and Consumer Protection Act.   This document discusses the definitions of terms that are  key for effective derivatives regulation. Click here to read the pdf.

No Thumbnail

Consumer Action Summary of the Dodd-Frank Act

Below, read a summary of the Dodd-Frank law from AFR member Consumer Action. The landmark federal financial reform legislation (the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010) was designed to strengthen consumer protection of financial products and services, limit taxpayer liability for

No Thumbnail

Demos: Highlights of the Dodd-Frank Reform Act

Click here to see this information on the Demos site. July 15, 2010 By Caleb Gibson Heather C. McGhee Today, the Senate votes to pass the Dodd-Frank Wall Street Reform and Consumer Protection Act, sending the landmark legislation to President Obama’s desk for signature next week. The

No Thumbnail

Interim Plan for Warren Raises Even Supporters’ Eyebrows

Interim Plan for Warren Raises Even Supporters’ Eyebrows Sewell Chan (New York Times) September 17, 2010 “But Lisa Donner, executive director of Americans for Financial Reform, a coalition of consumer, labor and civil rights groups that pushed for the financial legislation, stayed silent on the

No Thumbnail

U.S. PIRG Statement on Elizabeth Warren Appointment

President Selects Professor Elizabeth Warren as Assistant to the President and Special Advisor to the Secretary of the Treasury on the Consumer Financial Protection Bureau (CFPB) U.S. PIRG: “Elizabeth Warren is the right choice to build the consumer protection machine she invented.” Statement of U.S.