FOR IMMEDIATE RELEASE DATE: January 13, 2010 Washington, DC – As the Financial Crisis Inquiry Commission kicks off its first public hearing today, Americans for Financial Reform calls on big banks to not only justify their reckless behavior but also explain why they are working
Tomorrow evening, PICO faith leaders will take a big step forward to hold big banks accountable to our communities. PICO leaders from across the country will travel to Antioch Family Church in Antioch, CA to participate in the nation’s first negotiation session since the financial
Our good friends at Consumers Union have started yet another cool contest. This time, they’re asking you to submit any image which somehow speaks to the dangers of debt. The winner gets a one year subscription to Consumer Reports Online AND $1,000! Three runners up
Read our fact sheets about how the CFPA will benefit African Americans, Asian Americans and Pacific Islanders, Children and Families, Latinos (available in English and Spanish), Rural Americans, Seniors, Women, and Young Americans. African Americans (PDF) Asian Americans and Pacific Islanders (PDF) Children and Families
A working paper from the IMF titled “A Fistful of Dollars: Lobbying and the Financial Crisis” (PDF) shows a connection between lobbying and high-risk lending. The Guardian UK discusses the article and its possible impact: Powerful American banks spending lavishly on lobbying are more likely
FOR IMMEDIATE RELEASE CONTACT: Lauren Weiner, 202-470-5870 DATE: January 6, 2010 AFR Hopes His Vision on Financial Regulatory Reform Will Carry Through Washington, DC – Americans for Financial Reform issued the following statement regarding Banking Committee Chairman Chris Dodd’s announcement that he will not run
The Washington Post published Jim Wallis’s insightful and moving editorial. Here is an excerpt: One cold morning the week before Christmas, I found myself huddled with a group of homeowners and religious leaders on Pennsylvania Avenue, in the shadow of the White House and the
McClatchey News Service is distributing this op-ed by AFR’s ally Holly Sklar of Business for Shared Prosperity. Here is an excerpt, courtesy of the Lexington Herald-Leader: The Scrooges of Wall Street were surprised a year ago by visits from the Ghosts of Christmas Past, Present
AFR is partnering with Business for Shared Prosperity in support of the Consumer Financial Protection Agency (CFPA). Our elected officials need to know that the Chamber of Commerce’s anti-reform message is not representative of our views! Current and retired business people and investors, please show
US Taxpayers spent $180 billion to bail out AIG – and bought an 80% stake in the company in the process. Sign the open letter to AIG here! As taxpayers and majority shareholders in AIG, we ask that you immediately release all emails, internal accounting