Category Archives: Financial Reform News

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Op-Ed: Toasters safer; why not bank products?

This op-ed was placed in the Tennessee Opinion by Krissa Barclay, for­mer chair­man of the David­son County Demo­c­ra­tic Party, and Lauren Saunders, managing attorney at the National Consumer Law Center. This piece makes note of the differences in safety and transparency between commercial products and

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Report: Revolving Door Spins Quickly Between Congress, Wall Street

The Center for Responsive Politics and Public Citizen recently released a report showing the number of former federal employees now lobbying Congress and federal agencies.  They say: Organizations in the financial services sector have deployed at least 1,447 former federal employees to lobby Congress and

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AFR to Conference: Don’t Exempt Auto Dealers

June 2, 2010 Senator United States Senate Washington, DC 20510 Dear Senator: As a conferee on the financial reform bill, you will certainly be hearing from the auto dealers about their interest in being exempted from the new Consumer Financial Protection Agency.  We maintain that

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What Are Your Senators’ Financial Reform Grades?

U.S. PIRG has graded Senators on their votes on financial reform.  Click here to find out how yours stack up! From their press release: “Looking at how a Senator votes on one final passage vote isn’t enough,” said Ed Mierzwinski, Consumer Program Director for U.S.

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What the Senate’s Wall Street Reform Bill Means

Key Provisions Go a Long Way Preventing Another Financial Crisis Washington, DC – The historic Wall Street reform legislation passed by the Senate on May 20 will have an impact on Main Street as well as Wall Street. The big banks will make every effort

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AFR Letter on Pending Derivatives Amendments

Senator United States Senate Washington, DC 20510 Re: Pending Derivatives Amendments Dear Senator: We write on behalf of Americans for Financial Reform, an unprecedented coalition of over 250 national, state and local groups who have come together to reform the financial industry.  Members of our

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AFR Supports Merkley-Levin, Opposes Brownback Amendment in any form

Senator United States Senate Washington, DC 20510 Re: SUPPORT MERKLEY-LEVIN, OPPOSE BROWNBACK AMENDMENT IN ANY FORM Dear Senator, On behalf of Americans for Financial Reform (AFR), we urge you to support the Merkley-Levin Amendment to S. 3217, the Restoring American Financial Stability Act of 2010,

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CFPA Snowe-Pryor 3883 Letter of Opposition

OPPOSE SNOWE-PRYOR #3883 REGULATORY “FLEXIBILITY” ACT ADDS DELAYS AND RED TAPE, ENCOURAGES WASTEFUL LITIGATION May 19, 2010 Senator United States Senate Washington, DC 20510 Dear Senator: We write on behalf of Americans for Financial Reform, an unprecedented coalition of over 250 national, state and local