The Philadelphia Inquirer ran this excellent opinion piece on August 3. Here’s an excerpt: Credit card and mortgage consumers need help to level the playing field. By Adam Benforado The $3-trillion-a-year consumer financial-services industry wants you to play a game with them, one on one.
Americans for Financial Reform (“AFR”) is a coalition of nearly 200 national, state and local consumer, employee, investor, community and civil rights organizations who seek meaningful reform of our banking and financial system. A list of the AFR coalition members is attached. AFR writes to
H.R. 3269 “Say on Pay” passed today with a vote of 237 to 185. Two Republicans voted for it, and 16 Democrats voted against. Washington D.C. – In the wake of the New York Attorney General report that top banks that got billions in taxpayer bailout
July 28, 2009 Treasury Secretary Timothy Geithner United States Department of the Treasury 1500 Pennsylvania Avenue, N.W. Washington, D.C. 20220 Dear Secretary Geithner: As consumer, community and faith‐based organizations working to stop preventable foreclosures, we are deeply concerned by the slow pace at which many
Organized by Americans for Financial Reform and their coalition partners, Association of Community Organizations for Reform Now (ACORN) and PICO National Network, held a press conference today highlighting testimony from homeowners whose lenders continue to drag their feet performing loan modifications, despite the Administration’s plan
To find out who your Representative is and how to contact him/her, go to this site. Write, email or call your Member of Congress and tell him or her: “I support the creation of a new agency – one that’s accountable to the public, and
FOR IMMEDIATE RELEASE Published July 21, 2009 5:06 PM Marcus Mrowka, 202-730-7759, marcus.mrowka@seiu.org Congress Must Not Buckle to Corporate Interests on Financial Reform WASHINGTON, DC— Today, the Service Employees International Union released a statement from Secretary-Treasurer Anna Burger following reports that Congress is delaying action
In testimony last week by Fed Governor Elizabeth Duke (a former American Bankers Association official) and yesterday by Fed Chairman Ben Bernanke, the Federal Reserve has argued that it deserves to keep authority over consumer protection. CONTINUE AT http://static.uspirg.org/consumer/archives/2009/07/ten_reasons_not.html
Read the USA Today Article