Senator Michael Bennet (D-CO) recently wrote an Op-Ed for the Denver Post about changes in credit card terms and the need for more financial regulation to effectively protect consumers. He talks about the improvements that are about to go into effect, and says: These long-overdue
Mary Bottari of BanksterUSA.org dissects Goldman Sachs’ actions in this column on the Huffington Post. Here is an excerpt: It’s really unbelievable. The way that Goldman Sachs keeps sticking its foot in it is simply unbelievable. Let’s not review their unbelievable bonus pool or their
The News Observer reports that the NC Secretary of State, Elaine Marshall, dropped off a petition with 2,500 signatures supporting financial reforms to the office of Republican Senator Richard Burr. Marshall will be running against Burr this fall. Here is an excerpt from their report:
Senator Tester (D-MT) has already spoken out against recent misleading ads about financial reform and the Consumer Financial Protection Agency, and now he’s followed up his previous interview with a letter to the “Committee for Truth and Politics”. Here are some excerpts from the accompanying
Heather Booth, AFR’s Executive Director, was quoted in this Washington Post article. Here is an excerpt: Heather Booth, executive director of Americans for Financial Reform, said that the advocacy campaign has reached a critical moment and that more such efforts are on the way. She
The Huffington Post is focusing on small business support for the CFPA this week. Read their piece here. An effective CFPA would protect small businesses from deceptive loans and ensure them a steady flow of quality credit. If you are a business person or investor
The Helena Independent Register reports that Senator Jon Tester (D, MT) refutes misleading ads claiming that the financial reform bill is a bank “bailout.” Here is an excerpt: A little-known political group with links to conservative and Republican Party figures is urging Montanans to oppose
More than 50 charities are supporting a British campaign to levy a tax on transactions between financial institutions, which can be used to help fight poverty, protect public services and tackle climate change. The 0.05% “Robin Hood” tax on financial trades could raise $700bn for
Frank Statement on Consumer Protection Washington, DC – House Financial Services Committee Chairman Barney Frank (D-MA) today made the following statement about the need for increased consumer protection in the financial industry: “I welcome Elizabeth Warren’s forceful Op-Ed in today’s Wall Street Journal making a
A student at the University of Indiana published this op-ed in an Indiana paper supporting the Consumer Financial Protection Agency. High-cost, unregulated private student loans are just one example of why we need a strong Consumer Financial Protection Agency. U.S. Sen. Evan Bayh, D-Ind., sits