This Week in Wall Street Reform
Click here to view this week’s highlights and lowlights in Wall Street Reform – October 22, 2011 – October 28, 2011.
Category Archives: AFR in the News
Conference Call: Private Student Loan Debts Highlight Need for Fully Operational CFPB
The Institute for College Access & Success and Americans for Financial Reform hosted a conference call with reporters and bloggers Tuesday, October 25, 2011 at 12:00 PM EDT to discuss private student loan debt and what the impact of delaying the confirmation of a Consumer Financial Protection Bureau Director means for students and families. Listen to the replay.
This Week in Wall Street Reform
Click here to view this week’s highlights and lowlights in Wall Street Reform – October 8, 2011 – October 14, 2011.
AFR in the News: Compilation of Volcker Rule Press Coverage
Here is a compilation of all the press coverage AFR received around the release of the Volcker Rule proposal.
AFR In the News: Regulators Advance Volcker Rule
Ben Protess (DealBook/NYT)
October 11, 2011
“Unfortunately, this initial proposal does not deliver on the promise of the Volcker Rule or the requirements of the statute,” said Marcus Stanley, policy director of American for Financial Reform, an advocacy group. …“The vagueness of the proposal, and the hundreds of questions it includes, also demonstrate that we are still in the middle of this process,” said Mr. Stanley. “It’s important to use this opportunity to strengthen the rule – and to prevent Wall Street lobbyists from weakening it still further.”
AFR in the News: Nominee to Lead Consumer Agency Clears a Hurdle
Ben Protess (DealBook/NYT)
October 6, 2011
‘We call on all senators to stand up for families and confirm Richard Cordray as C.F.P.B. director,’ said Lisa Donner, head of Americans for Financial Reform, an advocacy group. ‘Will you implement the law and make sure the C.F.P.B. can do its job helping people defend themselves from loan sharks big and small? Or will you block consumer protection and instead protect wrongdoing by companies that caused the financial crisis?’
AFR in the News: How Lobbyists Are Undermining Dodd-Frank: A Case Study
Darius Tahir (The New Republic)
October 6, 2011
As Marcus Stanley of Americans for Financial Reform told me, all sorts of people rely on predictable commodity markets for their business: gas stations, businesses that supply heating oil, enterprises that order food in bulk such as confectioners, and so on. Higher volatility often ends up being passed on to businesses as a higher cost on their balance sheet, with predictable consequences
AFR in the News: Consumer Groups Urge Senate Approval Of Consumer Watchdog
Jim McConville (Financial Advisor)
October 6, 2011
“This [delay] is harming consumers,” said Ed Mierzwinski, consumer program director for the U.S. Public Interest Research Group and chairman of Americans for Financial Reform Task Force on the CFPB, during a conference call on Wednesday that was sponsored by the consumer group Americans for Financial Reform. ‘The lack of the full authority of the CFPB is a serious problem, which leaves students, military families, veterans and older Americans at risk of financial problems,’ Mierzwinski added.
AFR in the News: Cordray CFPB director nomination passes Senate Banking Committee
Kerri Panchuk (Housing Wire)
October 6, 2011
‘American families want and need someone to level the playing field and prevent tricks and traps in the financial services market,’ said Lisa Donner, executive director of Americans for Financial Reform. ‘We call on all Senators to stand up for families and confirm Richard Cordray as CFPB director.’
AFR in the News: Financial watchdog director moves closer to approval — or a brick wall
Connie Prater (Creditcards.com)
October 6, 2011
Lisa Donner, executive director of Americans for Financial Reform challenged Republican senators to ‘stand up for families’ and confirm the nomination. ‘Will you implement the law and make sure the CFPB can do its job helping people defend themselves from loan sharks big and small?’ Donner asked. ‘Or will you block consumer protection and instead protect wrongdoing by companies that caused the financial crisis?’