To mark the tenth anniversary of President Obama signing the Dodd-Frank Wall Street Reform and Consumer Protection Act into law, Americans for Financial Reform hosted a series of virtual events asking what we have learned, and what changes we think are needed now to protect consumers, uproot systemic racism, and transform finance so that it contributes to a resilient, equitable and sustainable economy.
SAVE THE DATES — July 17, July 20, Aug. 4, and more Webinar Series A Decade after Dodd-Frank: What Next? Building a Just Financial System Ten years ago this month, Congress passed, and President Obama signed into law the Dodd-Frank Wall Street Reform and Consumer
Lisa Donner, executive director of AFR-EF spoke at a conference hosted by the Brookings Institution and the Center on Finance, Law & Policy at the University of Michigan dedicated to the landmark Dodd-Frank law, its impact on systemic risk and consumer protection, and the response to the COVID-19 crisis in both domestic and global contexts.
AFR’s Senior Policy Analyst Alexis Goldstein will be participating in the Debates of the Century @NYU Wagner, a public debate series showcasing thoughtful, informed dialogue from experts. She will be arguing that the government should cancel student debt. The event is co-hosted by The Century Foundation and NYU Wagner.
AFR held a day-long convening of experts to discuss emerging issues in the SEC regulation of registered investment companies (mutual funds and Exchange Traded Funds that are registered under the 1940 Act).
Watch highlights of congressional hearing on debt collection here, including a powerful account from Representative Ayanna Pressley (D-MA), her family’s experience, and her plan to combat abusive debt collection practices.
“[A] good bit of that progress … could be endangered by a kind of low-intensity deregulation, consisting of an accumulation of non-headline-grabbing changes and an opaque relaxation of supervisory rigor. There are things to be concerned about in many of the individual proposals on such matters as the leverage ratio, resolution planning, and foreign banking organizations. It’s the cumulative effect, though, that is truly worrisome.”
Join us on May 21st for an analysis and discussion of the important developments in the regulation and supervision on big banks, and their effects on financial security and economic stability. View the details here, or below.
In just a few months the current economic expansion will be the longest on record. But an increasing number of economists are predicting that it might be nearing its end. In preparing for an eventual economic downturn, what should be done to avoid the policy mistakes that made the 2008-2010 recession so devastating?