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.
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.
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
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,
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
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:
AFR and the AFR-CFPB Task Force have developed this memo regarding a framework for complaint handling at the CFPB. Click here for a pdf version of the memo.
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
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
Connecticut Working Families recently wrote to Senator Dodd, asking him to support Elizabeth Warren as CFPB Director. As you well know, ensuring that these new regulations are aggressively and effectively enforced depends on having the right people in leadership positions in all of the relevant