AFR in the News: NPR’s “On Point” Examines CFPB Battle
Ed Mierzwinski of US PIRG (also the head of AFR”s consumer protection task force) appeared on WBUR-FM with a Washington Post reporter and a Heritage Foundation fellow.
Ed Mierzwinski of US PIRG (also the head of AFR”s consumer protection task force) appeared on WBUR-FM with a Washington Post reporter and a Heritage Foundation fellow.
AFR submitted a comment letter to the Financial Stability Oversight Council urging an increase of oversight of money market mutual funds to address the systemic risk not fully addressed by current oversight rules.
AFR submitted a comment letter to the CFPB arguing for the need of rigorous consumer protections attached to any corporate field testing of new disclosure forms.
Senate leaders take a clear stand against the threat of what one Congressional scholar has termed modern-day nullification.
AFR sent a letter to members of the Senate urging them to support the confirmation of Richard Cordray as the full term director of the CFPB.
“These findings of widespread and damaging errors… underscore once again how important the [CFPB] is, and how important it is for the Senate to confirm Richard Cordray as Director.”
View or download PDF. “Former employees of the Securities and Exchange Commission (SEC) routinely help corporations try to influence SEC rulemaking, counter the agency’s investigations of suspected wrongdoing, soften the blow of SEC enforcement actions, block shareholder proposals, and win exemptions from federal law.”
Another battle is brewing over the Consumer Financial Protection Bureau. President Obama has renominated Richard Cordray as director, but 43 Senators have threatened to once again block his appointment unless the agency is dramatically weakened. Make no mistake: what we’re facing is an attempt to
Americans for Financial Reform applauds today’s letter from 45 House members calling on the White House to nominate a permanent director of the Federal Housing Finance Agency.
Tell Washington to stand firm against Wall Street’s latest strategy of evasion.