For Immediate Release February 28, 2010 Banking committee Chairman Dodd has prepared an outline setting out a revised proposal for a consumer protection agency. “We appreciate Chairman Dodd’s extensive efforts to secure bipartisan support for this critical part of the financial reform bill, but effective
Senate and Administration Cannot Let Big Bank Lobbyists Win By Stripping Out Or Watering Down CFPA Americans for Financial Reform, a coalition of more than 200 national, state and local consumer, labor, investor, civil rights, community, small business and senior citizen organizations, released the following statement
“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
“That [Committee for Truth in Politics] ad is confusing a lot of folks, because it’s not true.” – Sen. Jon Tester [Billings Gazette, 2/10/10] Washington, D.C. – Americans for Financial Reform and Americans United for Change unveiled a new television ad today supporting Sen. Jon
Comprehensive Reforms Are Only Way to Ensure Stability in the Economy Washington, DC – Americans for Financial Reform released the following statement marking the full implementation the Credit Card Accountability, Responsibility and Disclosure (CARD) Act today. Ed Mierzwinski, Consumer Program Director, U.S. PIRG: “The Credit
FOR IMMEDIATE RELEASE DATE: February 12, 2010 April Fool’s Day Comes Early: Citi Bets on Next Financial Crisis Washington, DC – Americans for Financial Reform points out Wall Street “innovation” at its finest: This week Citi announced plans to create “the first derivatives intended to
Attorneys General Tom Miller (IA), Lisa Madigan (IL), Richard Blumenthal (CT) and Richard Cordray (OH) addressed the importance of the U.S. Senate passing legislation to create a Consumer Financial Protection Agency on a press call on February 9, 2010. The Attorneys General discussed the need
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 5, 2010 AFR: Big Banks Cash In On Unemployed Washington, DC – Americans for Financial Reform released the following statement on the practice of big banks, like Citi, Wells Fargo, JPMorgan Chase, and Bank of America, of fleecing the unemployed
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,