Category Archives: Financial Reform News

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CFPA Schumer Mccaskill Debt Settlement LOS

May 14, 2010 Senator United States Senate Washington, DC 20510 Re: End deceptive debt settlement practices identified by the GAO and tie debt settlement fees to results – Support Schumer-McCaskill amendment # 3960 Dear Senator: Americans for Financial Reform supports the Schumer-McCaskill amendment #3960 to

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Feinstein Letter of Support – Amendment 3939 London Loophole

United States Senate Washington, DC 20510 May 14, 2010 Re: Feinstein Amendment #3939 to Restoring Financial Stability Act of 2010 to improve CFTC enforcement authority with respect to Foreign Boards of Trade Dear Senator: The over 250 consumer, employee, investor, community and civil rights groups

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CRL: Oppose Carper Amendment #3949

The Center for Responsible Lending recently released a letter titled “Oppose Carper Amendment #3949: Don’t Give Banks a Free Pass from Federal and State Lending Laws”.  Click here to read the letter (pdf).

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Consumers Union: Oppose the Carper Amendment

Consumers Union has sent out multiple letters regarding preemption and S. 3217.  The most recent letter is copied below. Click here to read their letter from May 5, 2010: States Must Be Allowed to Protect Their Residents from Harmful Financial Practices Click here to read

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CFA: Preemption of State Laws Leaves Consumers Vulnerable

CFA on Financial Reform:A Daily Look at Reform Proposals and Their Effects on Consumers May 3, 2010: Preemption of State Laws Leaves Consumers Vulnerable Dear Senator: The Consumer Federation of America urges you to reject amendments to S. 3217, the “Restoring American Financial Stability Act