FOR IMMEDIATE RELEASE June 14, 2011 CONTACT: John Carey at 202-466-1854 john@ourfinancialsecurity.org AFR Statement on CFTC Delaying Implementation of Some Derivatives Rules Washington, DC – Americans for Financial Reform, a coalition of more than 250 national and state organizations working together for strong financial reform,
Read our letter opposing provisions within the FY 2012 Appropriations bill that would weaken the CFPB, hurt consumers, and the economy here.
Read the letter from The Leadership Conference on Civil and Human Rights urging President Obama to nominate Professor Elizabeth Warren to head the CFPB here.
Read our letter to Congress urging that they support full funding for the CFTC in FY 2012 here.
Read our letter supporting the Merkley-Snowe (#428) Amendment here.
AFR submitted a comment to the FDIC and the Federal Reserve on the rules implementing the Dodd-Frank requirement that companies submit “living wills” and records of credit exposures. “Living Wills” are plans detailing how the company could be resolved through the bankruptcy process without a need for government intervention. AFR supported the rules but suggested they be strengthened by requiring planning for situations of market stress and also by establishing more thorough and continuous records of credit exposures.
View or download current issue. Archives of back issues. View or download current issue. Archives of back issues. View or download current issue. Archives of back issues. View or download current issue. Archives of back issues. View or download current issue. Archives
Read our letter here.
Senators could be voting today on proposals to gut the CFPB and to repeal ALL of the progress we made on financial reform. In a last minute development, opponents of financial reform are pushing for votes TODAY on amendments to gut the new Consumer Financial
A big reason why we have suffered through the financial crisis and Great Recession is that banking regulatory agencies were looking out for short-term profits at big banks – not looking out for consumers, investors or economic stability. The American public wants and needs an