FOR IMMEDIATE RELEASE The so-called $50 billion “bailout slush fund” would force big banks to pay not taxpayers Washington, DC – Americans for Financial Reform denounces the misstatements by opponents of reform – including Senators Shelby and DeMint – that have been spreading surrounding a measure in the Senate financial
For Immediate Release March 31, 2010 Washington, DC – Americans for Financial Reform, a coalition of over 200 groups, called upon Congress to support the “Financial Crisis of 2008 Criminal Investigation and Prosecution Act of 2009” authored by Congresswoman Marcy Kaptur (D-OH). The bill is
Washington, DC – Americans for Financial Reform released the following statement about the Protect our Recovery through Oversight of Proprietary Trading Act (or PROP Trading Act). Heather Booth, Executive Director, Americans for Financial Reform: “AFR strongly supports Senator Merkley and Senator Levin’s bill to rein
“The big money is back on Wall Street” – New York Times, 2/23/10 Advocates Take to the Web to Weigh in to Restrain Banks from Rewarding Risky Behavior Washington, DC – In light of Chairman Barney Frank’s hearing today on the outrageous compensation packages that
For immediate release February 24, 2010 AFR Calls on Senate to Maintain Strong Corporate Governance Reforms Says Board Failures a Key Factor in Financial Meltdown; Questions Credibility of U.S. Chamber of Commerce-led Opposition WASHINGTON, D.C. – With the U.S. Senate poised to move forward on
Americans for Financial Reform sent the following letter to members of the Senate Banking Committee, urging them to create real protections for investors: February 16, 2010 Dear Chairman Dodd, Ranking Member Shelby and members of the Committee: As you know, legislative language is currently being
Recently, AFR partners at the Council of Institutional Investors and Investors Working Group sent these letters regarding derivative reform to the Senate. The letters focus on the failures of the current regulators and the need for comprehensive reform legislation. Click here for the letter from
FOR IMMEDIATE RELEASE DATE: February 5, 2010 AFR: Dodd Makes Right Call To Move Forward Dodd’s Leadership Means Accountability for Wall St is Within Reach Washington, DC – Americans for Financial Reform released the following statement regarding Senate Banking Chairman Chris Dodd’s decision to move
FOR IMMEDIATE RELEASE DATE: February 3, 2010 Americans for Financial Reform, the Commodities Markets Oversight Coalition Band Together to Put Cops Back on the Futures and Derivatives Beat, Close Loopholes That Fostered Financial Meltdown Washington, DC – Business interests ranging from fuel dealers to farmers,
February 1, 2010 The Honorable Christopher J. Dodd The Honorable Richard C. Shelby The Honorable Robert P. Corker The Honorable Mark R. Warner Mr. Michael S. Barr Dear Chairman Dodd, We, the organizations comprising Americans for Financial Reform (AFR), are writing to convey our views