Over the course of two days, the director of the Consumer Financial Protection Bureau, Kathy Kraninger, is testifying before both the House Financial Services and Senate Banking Committees. These are the top questions that Director Kraninger must answer as she testifies:
As candidates vie to set the agenda for the next presidency, Democratic primary voters in Iowa, New Hampshire, Nevada, and South Carolina strongly support a tough approach to oversight and reform of Wall Street, according to a new poll conducted by the bipartisan team of Lake Research Partners and Chesapeake Beach Consulting.
Americans see the need for tough enforcement of existing rules, even after hearing opposing arguments that stress a danger in the role of government. They strongly support the 2010 Dodd-Frank law that Congress passed in response to the financial crisis, as well as additional measures to fight continuing industry abuses.
Heather Slavkin Corzo, senior fellow at Americans for Financial Reform and director of capital market policies at the union federation AFL-CIO. “The massive growth of private equity over the past decade means that this industry’s influence, economic and political, has mushroomed,” she says. “It’s hardly an exaggeration to say that we are all stakeholders in private equity these days, one way or another.”
Strong majorities across political parties show concern about the level of student debt in the United States and oppose the Department of Education’s and the Consumer Financial Protection Bureau’s (CFPB) recent actions to weaken protections for students, according to a new poll released by Americans for Financial Reform (AFR) and the Center for Responsible Lending (CRL).
AFR AFL-CIO Comment on Securities Offering Concept Release S7-08-19 September 30, 2019 Vanessa Countryman, Secretary U.S. Securities and Exchange Commission 100 F Street NE Washington, DC 20549-1090 RE: Concept Release on Harmonization of Securities Offering Exemptions, File No. S-07-08-19 To Whom It May Concern: The Americans for Financial Reform Education Fund (AFR Education Fund) and