AFR in the News: Main Street’s Best Friend in Government
“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.
“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.”
MetLife CEO Steve Kandarian warns of dire consequences if large insurance companies are designated systemically important and deserving of special oversight. Such a move, he said, “could disrupt an entire industry just as the economy is regaining its footing.”
AFR sent a letter to member of Congress urging them to support full funding for the CFTC. Funding the CFTC is vitally important to enabling it to do its job: protecting the US and global economy through effective oversight of some of the most critical and central areas of our financial markets.
Audio recording of this tele-conference available by calling (605) 562-3099. Reference (call) #6. Enter Access Code 815383#.