Category Archives: Statements and Press Releases

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American Bankers Association – How Wrong Can They Be?

For Immediate Release March 17, 2010 ABA’s Account: The subprime mortgage market collapse does “not warrant a fundamental overhaul of the basic regulatory structure. Banking regulators… have since responded in a coordinated and measured way to preserve both confidence and liquidity in the banking system.”

The “Restoring American Financial Stability Act of 2010”

Washington, DC – Americans for Financial Reform, a coalition of over 200 groups, released the following statement today on Chairman Dodd’s financial reform legislation: Heather Booth, Executive Director, Americans for Financial Reform: “We applaud Chairman Dodd for moving forward towards passage of legislation to protect

New Funny Or Die Video On The Need For Financial Reform

Video Kicks Off A Week Of Action By Americans for Financial Reform Unprecedented Gathering Of Actors Come Together For Video, “Presidential Reunion” First Time All SNL Presidents Come Together *** View Video Here and Below *** A new online video released today from the creators and

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AFR Response to Dodd’s Revised Proposal for Consumer Protection Agency

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

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AFR: Strong And Independent CFPA Central To Real Financial Reform

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

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Bonus Bonanza Needs to Be Reined In

“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