Recently, AFR partners at the Council of Institutional Investors and Investors Working Group sent these letters regarding derivative reform to the Senate. The letters focus on the failures of the current regulators and the need for comprehensive reform legislation. Click here for the letter from
Heather Booth, AFR’s Executive Director, was quoted in this Washington Post article. Here is an excerpt: Heather Booth, executive director of Americans for Financial Reform, said that the advocacy campaign has reached a critical moment and that more such efforts are on the way. She
For Valentine’s Day, The Public Breaks Up With the Big Banks in a Boycott and Outreach Movement This Valentine’s Day is the perfect time to end your abusive relationship with the big banks that have a stranglehold on our country. They’ve been lying, gambling, cheating
The Huffington Post is focusing on small business support for the CFPA this week. Read their piece here. An effective CFPA would protect small businesses from deceptive loans and ensure them a steady flow of quality credit. If you are a business person or investor
The Helena Independent Register reports that Senator Jon Tester (D, MT) refutes misleading ads claiming that the financial reform bill is a bank “bailout.” Here is an excerpt: A little-known political group with links to conservative and Republican Party figures is urging Montanans to oppose
More than 50 charities are supporting a British campaign to levy a tax on transactions between financial institutions, which can be used to help fight poverty, protect public services and tackle climate change. The 0.05% “Robin Hood” tax on financial trades could raise $700bn for
The New Mexico state legislature is one step closer to “moving their money” out of the big banks and into community banks and credit unions. This week, they passed a bill 65-0 to allow the state to move between $2 billion -$5 billion in state
Oregon State Public Interest Research Group (OSPIRG) has been working with the state government to help prevent foreclosures and protect consumers. The importance of this fight and the work done by this group was recently profiled in this piece by KUOW, the local radio station.
Attorneys General Tom Miller (IA), Lisa Madigan (IL), Richard Blumenthal (CT) and Richard Cordray (OH) addressed the importance of the U.S. Senate passing legislation to create a Consumer Financial Protection Agency on a press call on February 9, 2010. The Attorneys General discussed the need
Tell Congress to Hold Banks Accountable Join Americans for Financial Reform and our allies around the country in our first National Senate Call-in Week, March 1 – 4, 2010. AFR is joined in this effort by our large coalition of organizations, small businesses, and individuals.