Category Archives: Financial Reform News

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AFR Letter of Support for Menendez Amendment Regarding Executive Hedging

U.S Senator Robert Menendez 528 Senate Hart Office Building Washington, DC 20515 April 22, 2010 Dear Senator Menendez: The over 250 consumer, employee, investor, community and civil rights groups who are members of the Americans for Financial Reform (AFR) write to express our strong support

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AFR Letter Regarding the Restriction of Forced Arbitration

United States Senate Washington, DC 20510 April 23, 2010 Dear Senator: We write to express our support for the provisions in the Restoring American Financial Stability Act of 2010 that give the Bureau of Consumer Financial Protection (CFPB) and the Securities and Exchange Commission (SEC)

Senate Debates Financial Reform

“The Restoring American Financial Stability Act” (S. 3217) is a good start but must be strengthened as it is discussed in the Senate.  Read about the key ingredients to real financial reform. Read our fact sheets and letters to Congress about the bill. Read all

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Fact Sheet: No Carve-Outs for Auto Dealers

Auto dealers are heading to Capitol Hill seeking a special carve-out from the “Restoring American Financial Stability Act of 2010” (S. 3217), which aims to put an end to the reckless practices of Wall Street and the abusive and discriminatory tactics by finance companies of

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Examples of State Consumer Protection Laws that Have Been Preempted

Courtesy of the National Consumer Law Center April 28, 2010 The following are examples of state laws that have been preempted by federal bank regulations.  Section 1044 of S. 3217, the Restoring American Financial Stability Act, allows bank regulators to continue preempting state laws but requires them

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Coalition Looks Forward to Meaningful Financial Reform

Leaders from Civil Rights, Labor, and Consumer Rights Groups Hold Press Call to Highlight Groundswell of Support for Wall Street Reform and Detail What to Expect in the Senate Debate Washington, D.C. – Today leaders from civil rights, labor, and consumer rights groups held a press

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Preemption Ag Letter

April 27, 2010 Senator Christopher Dodd United States Senate Washington, DC 20510 Re: Support Attorney General Enforcement and a Strong Role for States in S.3217, Restoring American Financial Stability Act Dear Senator Dodd, As you continue efforts to improve and achieve bipartisan support for S.