AFR Letter: Support DeFazio and Harkin Financial Transaction Tax Legislation
AFR authored a letter in support of the Wall Street Trading and Speculators Tax Act of 2011 introduced by Senator Harkin and Representative DeFazio.
AFR authored a letter in support of the Wall Street Trading and Speculators Tax Act of 2011 introduced by Senator Harkin and Representative DeFazio.
Today, Americans for Financial Reform sent a letter to President Obama and Secretary Geithner requesting that they “urge the Joint Select Committee on Deficit Reduction to examine a small levy on financial speculation as a revenue-raising measure.”
AFR sent a letter to President Obama and Secretary Geithner asking that they urge the Super Committee to support a financial transaction tax.
AFR and Consumer Federation of America sent a letter to congress opposing weakening of Sarbanes-Oxley protections against accounting fraud.
Click here to view this week’s highlights and lowlights in Wall Street Reform – October 15, 2011 – October 20, 2011.
Read the letter that was sent to Ambassador Michael Punke in support of a review of WTO rules to ensure sufficient policy space for financial regulation here.
Read our letter supporting a financial transaction tax here, or below. —————————————————————————————– October 21, 2011 Representative Jeb Hensarling 129 Cannon House Office Building Washington DC 20515 Senator Patty Murray 448 Russell Senate Office Building Washington DC 20515 Re: Financial Speculation Tax Dear Senator
In a letter to Congress, AFR urges Senators to oppose the Crapo Amendment 814 to HR 2112, which would inhibit financial regulators ability to oversee the shadow markets in derivatives.
Click here to view this week’s highlights and lowlights in Wall Street Reform – October 8, 2011 – October 14, 2011.
The oil price spike of the past year, which saw gasoline prices increase by over a dollar from the summer of 2010 to the summer of 2011, will drive household expenditures on gasoline to a record average of $2900 this year. Crude oil is about $30 higher than costs or historic trends justify, generating needlessly high prices for petroleum products that will drain about $200 billion out of the economy.