Category Archives: Financial Reform News

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AFR Opposes Snowe-Pryor #3883 Regulatory “Flexibility” Act

OPPOSE SNOWE-PRYOR #3883 REGULATORY “FLEXIBILITY” ACT ADDS DELAYS AND RED TAPE, ENCOURAGES WASTEFUL LITIGATION Senator    May 19, 2010 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

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Shelby Leads the Republican Charge to Block Big Bank Accountability

FOR IMMEDIATE RELEASE DATE: May 18, 2010 Washington, DC – Americans for Financial Reform is tired of these daily ploys to undermine Wall Street reform. After filibustering the entire bill for days, Republicans led by Sen. Richard Shelby appear to be back at it again,

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When Water Bills Force Foreclosure

From the Huffington Post Investigative Fund: One raw day in early February, Vicki Valentine stood by helplessly as real estate investors snatched her West Baltimore home over what began with an unpaid city water bill of $362. Valentine lost the property after the city sold

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AFR Nat’l Poll May 2010

Over two-thirds (68%) of the likely general election voters in 2010 who were surveyed nation-wide would be less likely to vote to reelect their U.S. Senator if he/she votes against a proposed amendment to the Financial Reform Bill currently under consideration by the U.S. Senate,

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Financial Crisis Tracker: Still Counting

Just how much has the financial crisis cost America? Our friends at the Center for Media and Democracy and the Progressive Ideas Network have been keeping track.  Their result is below, and will be updated as new numbers are available. To learn more about the

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DRV Dorgan LOS Amendment 4008 naked CDS

United States Senate Washington, DC 20510 May 14, 2010 Re: Dorgan Amendment #4008 to Restoring Financial Stability Act of 2010 to Regulate Credit Default Swaps Dear Senator: The over 250 consumer, employee, investor, community and civil rights groups who are members of Americans for Financial

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DRV Cantwell LOS Amendment 3950 Illegal Contracts

United States Senate Washington, DC 20510 May 14, 2010 Re: Cantwell Amendment #3950 to Restoring Financial Stability Act of 2010 to make illegal derivatives contracts unenforceable Dear Senator: The over 250 consumer, employee, investor, community and civil rights groups who are members of Americans for