Americans for Financial Reform and the undersigned groups support a strong FTC Senate Conferees Should Recede to the House on Section 4901 of HR 4173 Dear Conferee, We write on behalf of Americans for Financial Reform, an unprecedented coalition of more than 250 national, state and local groups who have come together to reform the
With Congress finishing up work on Wall Street reform, it’s clear the high ground is with those supporting strong reform. Read about actions supporting financial reform across the country here. 53% of Americans want their Congressional candidate to support reforming Wall Street, 25% enthusiastically so. [NBC/Wall Street Journal, 6/24/10] A majority of Americans favor the
June 10, 2010 The Honorable Christopher Dodd The Honorable Barney Frank Re: Preventing foreclosures for the unemployed We strongly encourage the Conference Committee to support inclusion of the House passed provision to create a loan program for jobless homeowners in the final version of the Financial Reform bill they are negotiating this month. This provision
Real Reform Won’t Allow National Banks to Ignore State Laws Targeting New Abuses Not Yet Addressed in Federal Law Urgent Recommendation to Joint Conference Committee on Financial Reform: Keep the House language that requires a “substantive federal standard” before allowing national banks to ignore state consumer protection laws. The House bill prohibits the Office of
June 11, 2010 Chairman Christopher Dodd United States Senate Washington, DC 20510 Chairman Barney Frank United States House of Representatives Washington, DC 20510 Dear Senator/Representative: We write on behalf of Americans for Financial Reform, an unprecedented coalition of over 250 national, state and local groups who have come together to reform the financial industry. Members
BanksterUSA.org explains why we need strong language to rein in the derivatives market: Reckless swaps and derivatives trading played a critical role in the financial crisis, inflating the domestic housing bubble and turning it into a global economic catastrophe. As the House and Senate conference committee begins final work on the financial services reform bill it is