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
Click here to read the letter from AARP regarding their opposition to the Carper Amendment #3949.
Click here to read the letter from Public Citizen opposing Carper 3949.
Click here for the latest letter from the National Fair Housing Alliance regarding their opposition to Carper 3949 (pdf). For an earlier letter from NFHA regarding preemption, see below: ENSURE STRONG CONSUMER PROTECTION IN S. 3217: ENSURE THAT STATES CAN PROTECT THEIR CITIZENS FROM HARMFUL FINANCIAL PRACTICES May 5, 2010 Dear Senator: On behalf of
Washington, DC – Americans for Financial Reform praises the Senate for passing Sen. Al Franken’s amendment to reduce conflict of interest for credit rating agencies. Heather Booth, Director, Americans for Financial Reform: “We are pleased the Senate took action on ensuring all the information provided to investors is as accurate as possible. In light of
May 13, 2010 Senator United States Senate Washington, DC 20510 Re: Reject the Vitter Loophole for Bailed-Out Shadow Banks (S.A. 4003) Dear Senator, The 250 consumer, employee, investor, community, small business and civil rights groups who are members of Americans for Financial Reform (AFR) urge you to reject Senator Vitter’s dangerous proposed shadow bank loophole,