AFR Signs On in Support of Letter: Review WTO Rules
Read the letter that was sent to Ambassador Michael Punke in support of a review of WTO rules to ensure sufficient policy space for financial regulation here.
AFR Letter: Support Financial Transaction Tax
Read our letter supporting a financial transaction tax here, or below. —————————————————————————————– October 21, 2011 Representative Jeb Hensarling 129 Cannon House Office Building Washington DC 20515 Senator Patty Murray 448 Russell Senate Office Building Washington DC 20515 Re: Financial Speculation Tax Dear Senator
AFR Letter: Oppose Crapo Amendment 814
In a letter to Congress, AFR urges Senators to oppose the Crapo Amendment 814 to HR 2112, which would inhibit financial regulators ability to oversee the shadow markets in derivatives.
AFR Press Statement: CFTC Position Limit Rule
“Wall Street driven excessive speculation in commodities market has increased prices – and price volatility – for everyday commodities including oil and food. It is costing US consumers hundreds of billions of dollars, driving up costs and uncertainty for producers, holding back economic recovery, and causing increased hunger and privation in the poorest parts of the world.”
AFR Conference: Financial Transaction Taxes Briefing
An AFR congressional briefing regarding how a small tax on financial transactions could raise tens of billions of dollars a year and curb dangerous high speed trading.
AFR Conference: CFPB Symposium
Independent Consumer Regulator Or Unaccountable Agency? Prominent Academic Experts Discuss the Powers, Checks and Balances, and Structure of the Consumer Financial Protection Bureau (CFPB)
This Week in Wall Street Reform
Click here to view this week’s highlights and lowlights in Wall Street Reform – October 8, 2011 – October 14, 2011.
AFR in the News: Compilation of Volcker Rule Press Coverage
Here is a compilation of all the press coverage AFR received around the release of the Volcker Rule proposal.
Coalition Press Statement: Consumer Federation of America – Wall Street’s Oil Speculation Clobbers Main Street’s Consumers
The oil price spike of the past year, which saw gasoline prices increase by over a dollar from the summer of 2010 to the summer of 2011, will drive household expenditures on gasoline to a record average of $2900 this year. Crude oil is about $30 higher than costs or historic trends justify, generating needlessly high prices for petroleum products that will drain about $200 billion out of the economy.
AFR Press Statement: October 12th House Agriculture Committee Hearing
Today’s House Agriculture committee hearing is a loophole festival for the big swaps dealers. The Committee is considering seven different pieces of legislation. Almost every one of them would carve a significant loophole in the new derivatives protections created by the Dodd Frank Act.