Cracks in the Pipeline: New Demos report documents growth of financial economy at real economy’s expense
New Demos report documents the swollen growth of the financial economy at the expense of the real economy.
Category Archives: Financial Reform News
AFR in the News: Dodd-Frank “Tweaks” Questioned
Industry leaders and their political allies are seeking broad changes in the guise of “technical fixes,” says AFR’s Lisa Donner.
Time is Right for a Financial Transaction Tax
“It’s really profoundly immoral to talk about things like cutting Medicare when this policy measure sits in front of us” – AFL-CIO Director of Policy Damon Silvers, speaking at a November 30 briefing on Capitol Hill.
News Release: Federal Trade Commission Fails to Protect Used Car Buyers
AFR and consumer groups decry a set of weak and flawed FTC rules for used car dealers.
Comments on Wells Fargo CRA Exam: Servicing and Mortgage Problems
AFR joins 10 housing groups in asking OCC to downgrade Wells Fargo for its harmful mortgage and loan servicing practices.
Comments on Wells Fargo CRA Exam: Payday Lending Problems
OCC is asked to downgrade the bank over its Direct Deposit Advance loan product.
Military and Consumer Groups Seek Stronger Enforcement of Military Lending Act
Joint letter calls on Senate to approve Reed amendment giving enforcement authority to federal and state agencies.
Comment Letter on Margin Requirements for Uncleared Swaps
AFR wrote to prudential regulators concerning margin requirements for uncleared swaps, calling for the strengths in the current proposal to be maintained and also for the proposal to be improved in a number of areas.
Wide Range of Groups Oppose FHFA G-fee Proposal
FHFA’s proposal to charge more in states with consumer protections has elicited letters of strong opposition from housing and consumer advocates, members of Congress, legal and policy experts, Attorneys General, state legislators, and others.
AFR Letter on FHFA Guarantee Fees
In a joint letter, AFR and allied organizations challenge FHFA plan to charge higher guarantee fees in states with strong consumer protection laws.