Americans for Financial Reform

News Category: Press Releases & Statements

Business Organizations to Senate: Don’t Drop CFPA

Business Organizations to Senate: Don’t Drop Consumer Financial Protection Agency U.S. Women’s Chamber of Commerce, U.S. Hispanic Chamber of Commerce, S. Carolina Small Business Chamber of Commerce, American Made Alliance, Business for Shared Prosperity, Main Street Alliance, American Business Leaders for Financial Reform and Small Business Owners Nationwide Tell Congress to Pass Strong CFPA Washington,

Treasury Department Signals Support for CFPA

In a recent speech to the Credit Union National Organization, Assistant Secretary Michael S. Barr talked about the Treasury Department’s support for a Consumer Financial Protection Agency. Click here to see the full speech, or click here for a summary of the major points.

Bonus Bonanza Needs to Be Reined In

“The big money is back on Wall Street” – New York Times, 2/23/10 Advocates Take to the Web to Weigh in to Restrain Banks from Rewarding Risky Behavior Washington, DC – In light of Chairman Barney Frank’s hearing today on the outrageous compensation packages that the financial industry is racking in, Americans for Financial Reform

AFR, Public Citizen, and 45,874 Americans Ask Senator Dodd to Support Reform

The following letter was delivered to Senator Dodd on February 23, 2010 by Public Citizen, a partner of Americans for Financial Reform.  AFR’s coalition helped direct consumers toward this pro-reform petition which was signed by 45,874 Americans.  For more information about the petition, see the links at the bottom of this page. Dear Sen. Dodd,

AFR Calls on Senate to Maintain Strong Corporate Governance Reforms

For immediate release February 24, 2010 AFR Calls on Senate to Maintain Strong Corporate Governance Reforms Says Board Failures a Key Factor in Financial Meltdown; Questions Credibility of U.S. Chamber of Commerce-led Opposition WASHINGTON, D.C. – With the U.S. Senate poised to move forward on major financial reform legislation this week, Americans for Financial Reform

New York Times: White House in New Push for Changes on Wall Street

An article in yesterday’s New York Times talked about new efforts from the White House on behalf of financial reform legislation. The Obama administration redoubled its efforts on Tuesday to overhaul the nation’s financial regulations, saying it would not back down from its efforts to restrict the trading activities of banks and to create a