Category Archives: Financial Reform News

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U.S. PIRG Statement on Elizabeth Warren Appointment

President Selects Professor Elizabeth Warren as Assistant to the President and Special Advisor to the Secretary of the Treasury on the Consumer Financial Protection Bureau (CFPB) U.S. PIRG: “Elizabeth Warren is the right choice to build the consumer protection machine she invented.” Statement of U.S.

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CFA Statement on Elizabeth Warren Announcement

FOR IMMEDIATE RELEASE: Friday, September 17, 2010 Statement of CFA Legislative Director Travis Plunkett in Response to the Announcements by the Administration Regarding the Consumer Financial Protection Bureau The Administration today will make two key announcements regarding the future of the Consumer Financial Protection Bureau. 

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CRL Summary of CFPB Provisions

The Center for Responsible Lending has produced a comprehensive bill summary of Title X of the Dodd-Frank Wall Street Reform and Consumer Protection Act, which focuses on the Consumer Financial Protection Bureau. Click here for a pdf version of the document.

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White House Considers Naming Warren ‘Interim’ CFPB Head

There is speculation that President Obama may soon appoint Professor Elizabeth Warren as CFPB Director, bypassing the Senate and their confirmation process.  This possibility has been covered by major news sources around the country, as you can see below. American Banker – White House Considers

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Republican Nightmare: Putting Elizabeth Warren to Work Now

Simon Johnson writes on The Baseline Scenario about the possibility of President Obama immediately appointing Elizabeth Warren to run the CFPB, and her qualifications for this position.  He says: Elizabeth Warren’s credentials are impeccable – she came up with the original idea for the CFPB,

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Site Map and Users Guide to this Website

Welcome to the AFR website!  Our site provides news and information about the fight to protect everyday American consumers, investors, and workers from Wall Street’s greed and excess.  Whether you’re looking for the latest developments in implementing the Dodd-Frank Wall Street Reform and Consumer Protection Act, information

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AFR: There Must Be Transparency in Implementation

September 3, 2010 Hon. Gary Gensler, Chairman Hon. Sheila Bair, Chairman Hon. Ben Bernanke, Chairman Hon. John Walsh, Acting Comptroller Hon. Mary Schapiro, Chairman Hon. Timothy Geithner, Secretary Re:  Transparency in the implementation of the Dodd-Frank Wall Street Reform and Consumer Protection Act Dear Sir/Madam:

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NPA and NCRC Urge Frank to Support Community Reinvestment Act

NPA and NCRC delivered a letter signed by more than 260 organizations to Rep. Barney Frank, Chairman of the House Financial Services Committee, urging that he introduce and pass Community Reinvestment Act reform this year.  AFR signed on to this letter.  Click here to read

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Study Regarding Obligations of Brokers, Dealers and Investment Advisers

August 30, 2010 Elizabeth M. Murphy Secretary, Securities and Exchange Commission 100 F Street NE Washington, DC 20549 RE: Release No. 34-62577; IA-3058; File No. 4-606 Study Regarding Obligations of Brokers, Dealers and Investment Advisers Dear Secretary Murphy: Americans For Financial Reform (AFR) welcomes the