Want to know more about how we can fix our broken economy? Hear what the experts have to say about this issue and help us get one step closer to finding a solution. This Wednesday, March 3rd from 8:00 am – 11:00 am at the
In a recent speech to the Credit Union National Organization, Assistant Secretary Michael S. Barr talked about the Treasury Department’s support for a Consumer Financial Protection Agency. Click here to see the full speech, or click here for a summary of the major points.
The following letter was delivered to Senator Dodd on February 23, 2010 by Public Citizen, a partner of Americans for Financial Reform. AFR’s coalition helped direct consumers toward this pro-reform petition which was signed by 45,874 Americans. For more information about the petition, see the
An article in yesterday’s New York Times talked about new efforts from the White House on behalf of financial reform legislation. The Obama administration redoubled its efforts on Tuesday to overhaul the nation’s financial regulations, saying it would not back down from its efforts to
Paul Solman from PBS “NewsHour” recently interviewed former bank regulator Bill Black about his opinion regarding the effects of deregulation of financial products. Bill Black talks about the way that bad practices have been ignored by bank regulators and notes that, “In the savings and
On Monday, February 22, the long-awaited and long-needed changes laid down by the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act went into effect. When the bill was passed last May, it was the first time meaningful credit card legislation had ever been passed on
A recent editorial in the New York Times talked about the need for sweeping financial reform in order to effectively deal with the nation’s economic problems, and the hurdles that reform legislation must face as it moves through the Senate. It said: Nearly a year
Congressman Dan Meffei (D-NY) recently spoke up on behalf of the Consumer Financial Protection Agency and increased consumer protections in a radio interview with the Rochester-based station WXXI. The report from the interview says: Maffei was in Rochester earlier this week, to promote new rules
A group of concerned Southwestern Missouri residents were fed up with a lack of representation from their Congressman, Roy Blunt. They decided to try the bank trick that has been getting industry leaders into the Congressman’s office and earning his vote: they brought him a
“Don’t throw stones from a glass house – especially at an independent watchdog like Elizabeth Warren.” That’s the latest from AFR’s Director, Heather Booth, who has a new post over at the New Deal 2.0 blog. Click here to read the full post. She says: