Category Archives: Statements and Press Releases

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Big Banks Cash in on Unemployed

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

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In Focus: Hearing Highlights Bonus Bonanza

FOR IMMEDIATE RELEASE DATE: January 22, 2010 In Focus: Hearing Highlights Bonus Bonanza Frank Zeros In On Out-of-Control Bonuses Washington, DC – Americans for Financial Reform released the following statement about the House Financial Services Committee’s hearing on executive compensation today. Maureen Thompson, Executive Director,

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AFR Stands With President Obama To Rein In The Big Banks

Washington, DC – Americans for Financial Reform released the following statement about President Obama’s proposal to limit the size and investments of big banks. Heather Booth, Executive Director, Americans for Financial Reform: “Today the President has signaled the beginning of the end of “too big

AFL-CIO President Richard Trumka on Record Wall Street Bonusus

Statement by AFL-CIO President Richard Trumka on Record Wall Street Bonuses January 19, 2010 “Hard-working Americans will not be ATMs for Wall Street” Just a year ago, Wall Street banks pleaded for taxpayers to bail them out to save us all from financial disaster.  We

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Commodity Markets Oversight Coalition – Joint Principles

JOINT STATEMENT OF SHARED PRINCIPLES FOR NEEDED REFORMS IN THE FUTURES/DERIVATIVES MARKETS AS REVISED AND AGREED TO AT THE JOINT MEETING OF MEMBERS OF THE COMMODITY MARKETS OVERSIGHT COALITION AND THE AMERICANS FOR FINANCIAL REFORM January 7th, 2010 Members of the Commodity Markets Oversight Coalition

AFR Applauds President’s Announcement Of Financial Crisis Responsibility Fee

AFR Applauds President’s Announcement Of Financial Crisis Responsibility Fee;  Urges Additional Actions To Protect Consumers And Hold Wall St. Accountable Groups Also Urge Congress To Pass Financial Speculation Tax Washington, D.C. – Americans for Financial Reform (AFR) released the following statement today on the President’s