Professor Elizabeth Warren was back on the Daily Show on Tuesday night to speak to host Jon Stewart about the dire need for financial reform in order to preserve the middle class and America’s financial security. Warren, who has served as the TARP oversight chair since November 2008, said that real reform is being held
The Benefits of a Financial Transactions Tax A financial transaction tax is a tax placed on a specific type of financial transaction for a specific purpose. From the Center for Economic and Policy Research (CEPR): The recent economic turmoil has generated renewed interest in a financial transactions tax (FTT). While such a tax will be
Last night in his State of the Union address, President Obama reinforced his ambitious agenda to fix the economy and enact financial reform, including measures to hold Big Banks accountable for their reckless actions that led to our financial crisis and the loss of millions of jobs: The House has passed financial reform…And the lobbyists
Survey finds small business owners support financial reforms, consumer protection agency ** Report posted online at www.mainstreetalliance.org/publications ** Washington, DC – Today, the Main Street Alliance released a new report highlighting impacts of the financial crisis on small businesses and a snapshot of Main Street business owners’ views on financial reform. Main Street Policy Pulse:
Financial advisor Suze Orman spoke with CNN reporter Campbell Brown yesterday about stimulus money, mortgage relief, and the problems caused by the big banks. When asked about mortgages and the troubles faced by homeowners, Orman said “I have to tell you, while it’s easy for us to blame the administration, I’m going to blame the
FOR IMMEDIATE RELEASE DATE: January 22, 2010 In Focus: Hearing Highlights Bonus Bonanza Frank Zeros In On Out-of-Control Bonuses Washington, DC – Americans for Financial Reform released the following statement about the House Financial Services Committee’s hearing on executive compensation today. Maureen Thompson, Executive Director, Shareowners.org: “While we support the actions the U.S. House of