Washington, DC – Americans for Financial Reform released the following statement about the Protect our Recovery through Oversight of Proprietary Trading Act (or PROP Trading Act). Heather Booth, Executive Director, Americans for Financial Reform: “AFR strongly supports Senator Merkley and Senator Levin’s bill to rein in the reckless speculation that has put Americans’ hard-earned savings
Jonathan Mann sings this funny and informative song about the “Robin Hood Tax,” also known as the Financial Transaction Tax (FTT).
The New York Times recently posted this editorial about the connection between Greece’s financial problems and Wall Street and the need for better regulation of derivatives trading. As Greece has tottered on the brink of fiscal chaos, threatening to drag much of Europe down with it, Wall Street’s role in the fiasco has drawn well-deserved
A recent editorial in the New York Times talked about new steps that President Obama has authorized to deal with the needs of homeowners dealing with foreclosures, especially unemployed homeowners and those with underwater mortgages. However, there are still problems with the government’s plans, as the author of this piece pointed out: So it was
The Hill recently published this Opinion piece from business owner Lya Sorano about the way that a Consumer Financial Protection Agency would help small businesses. She says: The Chamber of Commerce and the bank lobbyists have falsely represented the interests of small businesses particularly aggressively in their fight to kill a new Consumer Financial Protection
Make Markets Be Markets: A Groundbreaking Conference Hosted by the Roosevelt Institute On March 3rd, the Roosevelt Institute gathered some of the nation’s leading financiers, economists, and former regulators to release a report outlining critical actions needed to reform the nation’s financial system. Watch the conference on their website. Authors include: Elizabeth Warren, Simon Johnson,