Consumer Advocates Respond to New Report on Credit Cards and the Impact of the CARD Act
Consumer Action’s press release Consumers Union’s press release National Consumer Law Center’s press release
News Category: Press Releases & Statements
39 Organizations Call for Stronger Rules on Military Lending Act
Joint letter asks the Department of Defense to protect service members from high-cost installment loans and other forms of credit not yet covered by a 36 percent interest-and-fee cap and other protections.
Nearly Five Years After the Financial Meltdown, Support for Wall Street Reform Remains Strong
A new national survey shows overwhelming support across lines of age, race, geography, and political party for tougher regulation of Wall Street and financial companies.
A Confirmed Director at Last
“Under Rich Cordray’s leadership, the Bureau has begun to make a difference for consumers. Now it’s here to stay. It can continue its important work, with its authority and independence intact. That’s terrific news for American families, and for the American economy.”
AFR Urges Effective Regulation of International Derivatives
AFR Materials Over the Past Year on the CFTC’s Oversight of International Derivatives
AFR Urges CFTC to Stand Firm on Cross-Border Enforcement
Three years after the Dodd-Frank Act, “There is no excuse for further delay… Without cross-border applicability, there is no effective regulation of derivatives.”