Read our fact sheets about how the CFPA will benefit African Americans, Asian Americans and Pacific Islanders, Children and Families, Latinos (available in English and Spanish), Rural Americans, Seniors, Women, and Young Americans. African Americans (PDF) Asian Americans and Pacific Islanders (PDF) Children and Families (PDF) Latinos – English (PDF) Latinos – Espanol (PDF) Rural
A working paper from the IMF titled “A Fistful of Dollars: Lobbying and the Financial Crisis” (PDF) shows a connection between lobbying and high-risk lending. The Guardian UK discusses the article and its possible impact: Powerful American banks spending lavishly on lobbying are more likely to engage in high-risk lending and their shares have performed
The Washington Post published Jim Wallis’s insightful and moving editorial. Here is an excerpt: One cold morning the week before Christmas, I found myself huddled with a group of homeowners and religious leaders on Pennsylvania Avenue, in the shadow of the White House and the Treasury building. The homeowners, who had all worked hard to
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
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
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