Americans for Financial Reform

News Category: Press Releases & Statements

Business Owners: Sign our Petition in Support of the CFPA!

AFR is partnering with Business for Shared Prosperity in support of the Consumer Financial Protection Agency (CFPA). Our elected officials need to know that the Chamber of Commerce’s anti-reform message is not representative of our views! Current and retired business people and investors, please show support by signing our petition. If you are not a

New York Times Editorial: Even Bigger Than Too Big to Fail

This week, the New York Times editorilized about Citibank’s exit from the bailout program.  Although this seems to be good news on the surface, they note that in fact, our financial system is creating ever bigger banks, rather than breaking them up so that none remain “too big to fail.” The editorial explains that the

Diane Rehm: New Rules for Wall Street

AFR coalition member Travis Plunkett of the Consumer Federation of America and Professor Michael Greenberger discussed the Wall Street Reform and Consumer Protection Act of 2009 on NPR today.  Listen here. The House takes up the biggest overhaul of laws covering banks and financial institutions since the New Deal. What the legislation for governing Wall

AFR Supports H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009

Americans for Financial Reform is supporting H.R. 4173, the Wall Street Reform and Consumer Protection Act of 2009. The need for this legislation could not be more obvious. Years of deregulation have produced a financial system that is a threat to our economy. Rampant abuses in consumer lending practices, combined with a casino mentality on

Lynch Amendment Letter of Support

U.S. House of Representatives Washington, D.C.  20515 December 10, 2009 Re: Support Rep. Lynch Amendment #135 on governance of clearinghouses and swap exchanges Dear Member: Please support the Lynch amendment #135 to the Wall Street Reform and Consumer Protection Act of 2009 (H.R. 4173) which would rein in the potential for conflicts of interest in