July 28, 2009 Treasury Secretary Timothy Geithner United States Department of the Treasury 1500 Pennsylvania Avenue, N.W. Washington, D.C. 20220 Dear Secretary Geithner: As consumer, community and faith‐based organizations working to stop preventable foreclosures, we are deeply concerned by the slow pace at which many servicers are extending loan modifications under the Administration’s Home Affordable
To find out who your Representative is and how to contact him/her, go to this site. Write, email or call your Member of Congress and tell him or her: “I support the creation of a new agency – one that’s accountable to the public, and not to the big banks – that will put in
FOR IMMEDIATE RELEASE Published July 21, 2009 5:06 PM Marcus Mrowka, 202-730-7759, marcus.mrowka@seiu.org Congress Must Not Buckle to Corporate Interests on Financial Reform WASHINGTON, DC— Today, the Service Employees International Union released a statement from Secretary-Treasurer Anna Burger following reports that Congress is delaying action on the Consumer Financial Protection Agency following lobbying efforts and
In testimony last week by Fed Governor Elizabeth Duke (a former American Bankers Association official) and yesterday by Fed Chairman Ben Bernanke, the Federal Reserve has argued that it deserves to keep authority over consumer protection. CONTINUE AT http://static.uspirg.org/consumer/archives/2009/07/ten_reasons_not.html
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Listen to Professor Warren explain clearly and compellingly why the financial system is broken and how a Consumer Financial Protection Agency is one critical element of true comprehensive financial reform Click here to See Professor Warren explain the need for a Consumer Financial Protection Agency