AFR Statement on Barclay’s LIBOR Manipulation The finding that Barclays manipulated LIBOR rates, as well as the news that other major banks are under investigation for similar actions, is another vivid demonstration of why we cannot trust the banks to govern themselves. These actions demand
AFR held a conference call briefing on the financial industry support for financial speculation taxes. Click here to see a summary of the discussion, read a letter from more than 50 financial professionals showing their support for the tax, and listen to the audio from the call.
FOR IMMEDIATE RELEASE AFR Debunks Latest Republican Talking Point Washington, DC – Americans for Financial Reform released the following statement in response to Republican conferees’ attempts to spread lies about the Wall Street reform bill’s effect on small businesses. Of course the truth is this bill
Today, Heather Booth, Director of Americans for Financial Reform, stated, “Section 716 of the Senate derivatives title remains one of the most critical, structural reforms left standing in the Wall Street Reform bill. Wall Street lobbyists have thrown everything they have at it because they
**PRESS CONFERENCE CALL, THURSDAY, JUNE 17, 4:30 PM ET** To download press conference go to this link Washington, DC – On Thursday, June 17, at 4:30 PM, Senator Jeff Merkley (D-OR) will join with experts to call for banks to get back to the basic commercial banking
Tele-press conference Monday, June 7, 2010 at 9 a.m. EDT Nobel Prize winner warns against putting the government at risk for Big Banks’ deceptive practices Elimination of the language in the Senate financial reform bill that would require big banks to separate their derivatives desks
Lauren Saunders, Managing Attorney of the National Consumer Law Center, issued the following statement about the Dodd-Carper deal on preemption which passed the Senate 80-18: “Senator Dodd and Senator Carper have reached a deal to modify Senator Carper’s amendment #3949 on the role of states in protecting
FOR IMMEDIATE RELEASE DATE: May 17, 2010 Poll Results Warn Senators: Hold Fraudsters Accountable CLICK HERE FOR POLL: MORE THAN TWO-THIRDS OF AMERICANS UNLIKELY TO VOTE FOR SENATORS WHO OPPOSE AMENDMENT TO FINANCIAL REFORM BILL TO HOLD KNOWING FRAUD AIDERS AND ABETTORS ACCOUNTABLE TO INVESTORS
FOR IMMEDIATE RELEASE DATE: May 16, 2010 AFR Demands An Up or Down Vote on Merkley-Levin Amendment Washington, DC – Americans for Financial Reform is tired of opposition ploys to undermine Wall Street reform. After filibustering the entire bill for days and then failing at
Washington, DC – Americans for Financial Reform praises the Senate for passing Sen. Al Franken’s amendment to reduce conflict of interest for credit rating agencies. Heather Booth, Director, Americans for Financial Reform: “We are pleased the Senate took action on ensuring all the information provided