Category Archives: Financial Reform News

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Financial Speculation Tax Serious Tool for Long-Term Deficit Reduction

PRESS RELEASE: Financial Speculation Tax Serious Tool for Long-Term Deficit Reduction Tax burden would largely fall on banks and hedge-funds, not everyday taxpayers. ________________________________________ For Immediate Release: January 24, 2011 Contact: Alan Barber, 571-306-2526 Washington, D.C.– A discussion of the budget and future deficits will

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Halfway to the CFPB: An AFR Progress Report

Six months after Wall Street reform legislation creating the new Consumer Financial Protection Bureau (CFPB) was signed, a leading coalition released Halfway to the CFPB: An AFR Progress Report on “Standing Up” the New Consumer Financial Protection Bureau. Today marks the halfway point in the year

Stopservicerscams.com

Sign this petition: http://stopservicerscams.com/ – Foreclosure fraud, illegal fees, and just plain incompetence have gone on long enough. We believe that it is time that regulators put some rules on big banks and mortgages. As part of the new Wall Street reform bill, you have

Sign Mortgage Fraud Petition

Please join thousands of people who are calling on the State Attorneys General to take a tough stand in their negotiations with big banks over mortgage fraud. www.crimeshouldntpay.com Because the response to this petition has been so strong, we’re holding it open for another 48

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President Obama’s Deficit Commission Should Consider Speculation Tax

LETTER FROM AMERICANS FOR FINANCIAL REFORM TO THE DEFICIT COMMISSION MEMBERS Re: Support for a financial stability and revenue raising measure November 24, 2010 Dear Members of the National Commission on Fiscal Responsibility and Reform, Americans for Financial Reform (“AFR”) is a coalition of  more

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Exemption of Foreign Exchange Swaps and Forwards is Not Justified

Read the pdf version of the letter here. November 29, 2010 The Honorable Timothy Geithner Secretary United States Department of the Treasury 1500 Pennsylvania Avenue, NW Washington, DC 20220 CC: Chairman Gary Gensler, Commodity Futures Trading Commission CC: Chairman Mary L. Schapiro, U.S. Securities and

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In Letter to SEC, AFR Urges Accountability for NRSRO’s

November 5th, 2010 Mary Schapiro, Chairwoman The Securities and Exchange Commission Washington, DC 20549 Re: Regulation of Credit Rating Agencies under the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 Dear Ms. Schapiro: We write on behalf of Americans for Financial Reform, a