Americans for Financial Reform

News Category: Press Releases & Statements

Abusive Lending Practices by Smaller Banks and Thrifts

Download this information as a PDF. Provided by the Consumer Federation of America Over the years, many smaller banks and thrifts have adopted responsible, fair and sustainable mortgage lending practices. Small banks and thrifts that offer trustworthy credit and payment products should face a lower regulatory burden from the Consumer Financial Protection Agency (CFPA) and

Investor Protection Under Attack in Investor Protection Act Amendments

Dear House Financial Services Committee Member: As you continue consideration of the Investor Protection Act this week, decisions you make on pending roll call votes will determine whether this legislation lives up to its name. Unfortunately, several of the bill’s central provisions have already been weakened, and all but one of the scheduled roll call

All Tricks, No Treats

The banks are going door-to-door but only handing out tricks — no treats. Banks are spending MILLIONS to defeat good financial reform that would prevent a future meltdown and help everyday people.  Enough is Enough!

DC Premiere: American Casino

American Casino will take you for a spin around Wall Street’s roulette wheel for an inside look at exactly how big money’s shell game worked, and how it crashed. Join with other like minded individuals and community organizations who are demanding that congress change the rules of the game. DC Premiere October 30 AFI Silver

Investor Protection Act Letter

October 26, 2009 The Honorable Barney Frank The Honorable Spencer BachusThe Honorable Paul E. Kanjorski The Honorable Scott Garrett RE:  October 1, 2009 Discussion Draft of the Investor Protection Act Dear Chairmen Frank and Kanjorski, Ranking Members Bachus and Garrett and Members of the Committee: As the Financial Services Committee moves to consider the Investor

AFR Letter on Investor Protection Act

RE:  October 1, 2009 Discussion Draft of the Investor Protection Act Dear Chairmen Frank and Kanjorski, Ranking Members Bachus and Garrett and Members of the Committee: As the Financial Services Committee moves to consider the Investor Protection Act (IPA), the undersigned organizations write to express support for a strong provision to ensure that all who