United States Senate Washington, DC 20510 RE: Support for Whitehouse Interstate Lending amendment to S. 3217 Dear Senator: The consumer, employee, investor, community and civil rights groups who are members of Americans for Financial Reform (AFR) write to express strong support for the Whitehouse Interstate Lending Amendment that will be offered during floor debate on
The following charts and documents were created to compare and contrast House and Senate bills in the Conference period. Click here for the US PIRG scorecard. Top 10 Things About Financial Reform (fact sheet) AFR Conference Priorities (as of May 27) CFPA Comparison Chart (doc) Credit Rating Agencies Comparison Chart (xls) Derivatives Comparison Chart (doc)
New Report Details Vast Army Of Former Federal Workers Now Lobbying For The Big Banks A new report, released today, shows that throughout the financial reform debate, the finance industry has spent an estimated $1.4 million per day to influence Congress, and has hired 70 former Members of Congress and 940 former federal employees to lobby on their behalf. The report,
Attached is a page of examples of leveraged buyouts by hedge funds or private equity firms that have resulted in job losses around the country. In many cases, despite job losses, these deals resulted in huge profits for the investors. Recently, economists have begun registering alarm about the outstanding debt that has resulted from these
For immediate release Contact: Simone Allen (404) 692-5102 May, 11, 2010 Wall Street Dupes Big Business Into Fighting Against Reform End User Coalition Calls on Procter & Gamble, Caterpillar, Apple and Others to Leave Sham Coalition As the U.S. Senate debates measures to hold Wall Street accountable for the financial crisis, Commodities Market Oversight Committee
May 11, 2010 The Honorable Christopher Dodd The Honorable Richard C. Shelby Dear Chairman Dodd and Senator Shelby, On behalf of the Independent Community Bankers of America and its nearly 5,000 member banks, I write to oppose Sen. Brownback’s amendments SA 3789 and SA 3790 to the Restoring American Financial Stability Act of 2010 to