Category Archives: Financial Reform News

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FTT Conference Call Briefing – Thursday, June 21 10am EDT

Conference Call Briefing   Financial Industry Support for Financial Speculation Taxes   Financial professionals will discuss how transaction  taxes would help put the brakes on Wall Street’s speed demons   Thursday, June 21, 10:00am EDT Washington, DC – Americans for Financial Reform will co-host a

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AFR Letter: Support “The Federal Reserve Independence Act” S. 3219

AFR sent a letter endorsing S. 3219 “The Federal Reserve Independence Act” The bill mandates that the directors of regional Federal Reserve banks be appointed by the Board of Governors, rather than elected by the banks they supervise. It also bans directors or employees of the Federal Reserve from holding stock in the banks they supervise.

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AFR Letter: Oppose HR 1588

AFR sent a letter to members of Congress urging them to oppose HR 1588, a bill that would preempt state laws with stronger protections for rent-to-own consumers.

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AFR Letter: Oppose H.R. 1840

AFR sent a letter to members of Congress urging them to oppose H.R. 1840, legislation that unnecessarily adds over a dozen additional requirements to the already existing statutory cost-benefit requirements for the Commodity Futures Trading Commission (CFTC). These requirements would effectively paralyze the agency’s rule writing capacity, and make it impossible for the CFTC to implement laws passed by Congress to safeguard our financial system.