Category Archives: AFR in the News

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BBC: Republicans determined to rewrite the Dodd-Frank Act

AFR Executive Director, Lisa Donner was interviewed by the BBC – click here to watch the story. 12 May 2011 Last updated at 06:24 ET Time to get tougher on the big banks, that is what Federal Reserve chief Ben Bernanke is expected to say

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Foes Revise Plan to Curb New Agency

Foes Revise Plan to Curb New Agency Edward Wyatt and Ben Protess (New York Times) May 5, 2011 “Legislators also have called for the consumer bureau to be subject to the Congressional appropriations process. As established, its budget is set as a percentage of the

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Durbin Amendment will help consumers

Durbin Amendment will help consumers Brad Griffin and Ronna Alexander (Helena-IR Your Turn – MT) April 1, 2011 “First, there are indeed many constituencies involved in the debate; in addition to “retailers,” many groups seek to have the rules implemented and not delayed as Sen.

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The Expensive Swipe Fee Wars

The Expensive Swipe Fee Wars Eliza Newlin Carnery (National Journal) March 28, 2011 The Dodd-Frank financial reforms enacted last year have unleashed lobbying battles on several fronts, but none has been so pitched or costly as the fight over debit card swipe fees…. Progressive activists

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Durbin Voices Opposition to Delay Tactics

Melissa Kress/CSNews.com Mar 25, 2011 Durbin Voices Opposition to Delay Tactics By Melissa Kress WASHINGTON — April 21 is the day the Federal Reserve is slated to release rules setting debit card swipe fees. But some lawmakers are not taking a wait-and-see-approach before trying to

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Debating Dodd-Frank: What’s in a Name?

By Arielle Bikard / Compliance Week One witness on the panel testifying before Congress, however, had some tart objections to all of the bills. Damon Silvers, policy director at the Federation of labor organizations AFL-CIO, who said he also spoke on behalf of Americans for

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Bank Lobby Splinters On CFPB Ahead Of Director Confirmation Deadline

By Zach Carter / Huffington Post “We agree,” Lisa Donner, the director of Americans for Financial Reform, a coalition of consumer groups advocating for stronger bank regulation, said in reference to Bachus’ comments. “With the work she is doing laying out a compelling vision of

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Durbin Vows to Fight Republican Funding Cuts for Regulators

BusinessWeek – Carter Dougherty Americans for Financial Reform, an umbrella group of labor unions, civil rights organizations and consumer advocates, arranged the conference call with Durbin, who also is chairman of the financial services subcommittee of the Senate Appropriations Committee.   Click Here to Read