AFR Opposes HR 1003
AFR sent a letter to members of Congress urging them to oppose HR 1003. This legislation would have a major negative impact on the CFTC’s capacity to implement laws passed by Congress to safeguard our financial system.
AFR sent a letter to members of Congress urging them to oppose HR 1003. This legislation would have a major negative impact on the CFTC’s capacity to implement laws passed by Congress to safeguard our financial system.
AFR sent a letter to members of Congress today urging them to oppose HR 992/S.474, the “Swaps Regulatory Improvement Act”.
With too many in Washington once again echoing the “What’s good for us is good for America” mantra of Wall Street, the Senate’s new findings should shred any argument for retreat from key reforms.
“Agencies like the CFPB only come around once in a century,” John Wasik writes on Forbes.com, citing AFR’s summary of the bureau’s work to date.
Wallace Turbeville, Senior Fellow at Demos and member of AFR, testified before the House Agriculture Committee voicing AFR’s opposition to legislation that would significantly alter the Dodd-Frank Act in ways that effectively deregulate the financial sector and work against the goals of a safer, more stable, and more fair and efficient financial system.
AFR’s Marcus Stanley was interviewed by Peter Barnes of Fox Business News on March 11.
AFR signed onto a letter with more than 270 national, state and local groups, as well as concerned individuals to urge regulators to ensure that banks cease to offer payday loans and to prohibit any expansion of these dangerous loans.
AFR released a statement calling for the confirmation of Richard Cordray as Director of the CFPB.
AFR signed onto a letter with national and statewide public interest groups supporting the confirmation of Richard Cordray as Director of the CFPB.
The Bond Buyer reports on resistance to House legislation that would “let big banks and swap dealers escape Dodd-Frank’s fiduciary duty provision,” relieving them of any duty to “put clients’ interests ahead of their own.”