Americans for Financial Reform

News Category: Press Releases & Statements

Congress Must Protect Investors: Restore Provisions Weakened in the Senate Counter-Offer

Protect Investors: Restore Provisions Weakened in the Senate Counter-Offer Dear Conferee: Yesterday, Senate conferees approved a counter-offer on broker-dealer fiduciary duty that offers the illusion of investor protection, but not the reality.  Senate conferees also approved a sweeping preemption of securities regulation that not only undermines existing efforts to protect investors from abuses in the

AFR to Senators: Bring an End to Taxpayer-Funded Solutions to Bank Failures

June 22, 2010 Senator Scott Brown Senator Susan Collins Senator Chuck Grassley Senator Olympia Snowe To Senators Brown, Collins, Grassley, and Snowe: The Americans for Financial Reform (AFR) coalition is grateful for your support for the landmark Wall Street reform legislation passed by the Senate last month.  The coalition and you have a shared determination

AFR to Conferees: Prevent Foreclosure for the Unemployed with Title XIV

June 22, 2010 The Honorable Christopher Dodd The Honorable Barney Frank Re: AFR positions on proposed House offer on Title XIV We write on behalf of Americans for Financial Reform regarding the proposed House Conference offer on Title XIV of the financial reform bill, relating to the Mortgage Reform and Anti-Predatory Lending Act.  We support

AFR’s Positions on Proposed House Offer on Title X, the CFPB

June 22, 2010 Chairman Christopher Dodd Chairman Barney Frank Re: AFR positions on proposed House offer on Title X Dear Senator/Representative: We write on behalf of Americans for Financial Reform regarding the proposed House Conference offer on Title X of the financial reform bill, relating to the Consumer Financial Protection Bureau (CFPB).  We strongly oppose

AFR to Conference Committee: Oppose HR 4173 Exemption of Attorneys Engaged in Unfair, Deceptive or Abusive Consumer Financial Practices

Oppose the House Offer on H.R. 4173 to Exempt Attorneys Engaged in Unfair, Deceptive or Abusive Consumer Financial Practices June 22, 2010 House-Senate Conferees, H.R. 4173 Dear Senator or Representative: Americans for Financial Reform and the undersigned organizations – including several that have or serve attorneys – urge the House-Senate Wall Street Reform and Consumer