Cracks in the Pipeline: New Demos report documents growth of financial economy at real economy’s expense
New Demos report documents the swollen growth of the financial economy at the expense of the real economy.
New Demos report documents the swollen growth of the financial economy at the expense of the real economy.
Industry leaders and their political allies are seeking broad changes in the guise of “technical fixes,” says AFR’s Lisa Donner.
“It’s really profoundly immoral to talk about things like cutting Medicare when this policy measure sits in front of us” – AFL-CIO Director of Policy Damon Silvers, speaking at a November 30 briefing on Capitol Hill.
AFR and consumer groups decry a set of weak and flawed FTC rules for used car dealers.
AFR joins 10 housing groups in asking OCC to downgrade Wells Fargo for its harmful mortgage and loan servicing practices.
OCC is asked to downgrade the bank over its Direct Deposit Advance loan product.
Joint letter calls on Senate to approve Reed amendment giving enforcement authority to federal and state agencies.
AFR wrote to prudential regulators concerning margin requirements for uncleared swaps, calling for the strengths in the current proposal to be maintained and also for the proposal to be improved in a number of areas.
FHFA’s proposal to charge more in states with consumer protections has elicited letters of strong opposition from housing and consumer advocates, members of Congress, legal and policy experts, Attorneys General, state legislators, and others.
In a joint letter, AFR and allied organizations challenge FHFA plan to charge higher guarantee fees in states with strong consumer protection laws.