Americans for Financial Reform

News Category: Press Releases & Statements

CFA: Preemption of State Laws Leaves Consumers Vulnerable

CFA on Financial Reform:A Daily Look at Reform Proposals and Their Effects on Consumers May 3, 2010: Preemption of State Laws Leaves Consumers Vulnerable Dear Senator: The Consumer Federation of America urges you to reject amendments to S. 3217, the “Restoring American Financial Stability Act “that preempt state consumer protection laws. Recent history demonstrates how

NACA: Oppose #3949, Carper Amendment Provides Complete Immunity to Wall Street Banks

From AFR member NACA: Carper Amendment Provides Complete Immunity to Wall Street Banks OPPOSE Amendment #3949 A vote for the Carper Amendment is a vote against consumer protection. Please stand up for Main Street and oppose Amendment #3949. The Restoring American Financial Stability Act of 2010 is a modest bill that contains language on preemption