Priorities for the CFPB
AFR sent a letter to the CFPB commending their excellent work, and listing a set of issues that we feel should become priorities for the bureau in the future.
News Category: Press Releases & Statements
Talking Points
Confirm Richard Cordray as Director of the CFPB THE CONSUMER FINANCIAL PROTECTION BUREAU’S WORK IS CRUCIALLY IMPORTANTThis is the agency created after the 2008 financial crisis to establish basic rules of fairness and transparency for mortgages, credit cards, student loans, auto loans, debt collection and other banking and lending products. In its short life, the
Effective Regulation of Executive Compensation Needed
AFR joined more than twenty public interest groups in sending a letter to SEC Chairman Mary Jo White advocating for effective regulation of executive compensation.
Letter to SEC Chairman Urges Additional Investor Protections in JOBS Act Rulemaking
AFL-CIO, AFR, and Consumer Federation of America sent a letter to SEC Chairman Mary Jo White arguing that the Commission needs to re-propose the general solicitation rulemaking for the JOBS act in order to incorporate basic investor protections not included in the proposed rule.
Letter to President Obama Supporting “Gainful Employment” Requirement for Education Programs
AFR joined more than 40 organizations in sending a letter to President Obama supporting prompt rulemaking to effectively enforce the “gainful employment” requirement for career education programs.
AFR in the News: Wall Street Bankrolling the Campaign to Dismantle the Volcker Rule
Ignoring the Senate report on JPMorgan’s “London Whale” debacle, House members “take bank contributions and vote to advance a bill that would allow taxpayer bailouts of too big to fail banks.”