Melissa Kress/CSNews.com Mar 25, 2011 Durbin Voices Opposition to Delay Tactics By Melissa Kress WASHINGTON — April 21 is the day the Federal Reserve is slated to release rules setting debit card swipe fees. But some lawmakers are not taking a wait-and-see-approach before trying to
The big Wall Street banks and their allies in Congress and in the media have launched an all out attack on the fledgling Consumer Financial Protection Bureau (CFPB). This new Consumer Bureau will be the first banking regulator with the sole job of standing up for consumers in the financial market place, starting on July 21, 2011.
As the country’s largest financial institutions spend hundreds of thousands of dollars trying to beat back debit card swipe fee reforms, Senator Durbin and a group of dedicated consumer advocates and small business owners will hold a press call TODAY at 2:15pm EST in order to highlight the broad support for the reforms.
For too long, the rules of Wall Street have been written by the bankers themselves. This year, that has to change. Americans for Fairness in Lending and Americans for Financial Reform are partnering to reform the nation’s lending industry and financial system. We’re working to protect
Testimony of Peter Skillern, Executive Director Community Reinvestment Association of North Carolina United States House of Representatives Financial Institutions and Consumer Credit Subcommittee Wednesday, March 3, 2011 Thank you Representative Capito and Representative Maloney for the opportunity to speak with you on the impact of
Damon Silvers, Policy Director and General Counsel at the AFL-CIO and member of the AFR Executive Committee, testified today before the House Subcommittee on Capital Markets and Government Sponsored Enterprises. Read his testimony here.
By Arielle Bikard / Compliance Week One witness on the panel testifying before Congress, however, had some tart objections to all of the bills. Damon Silvers, policy director at the Federation of labor organizations AFL-CIO, who said he also spoke on behalf of Americans for
Washington, DC – Americans for Financial Reform, a coalition of more than 250 national and state organizations working together for strong financial reform, issued the following statement today: The Consumer Financial Protection Bureau (CFPB) was created in the wake of the monumental financial crisis and
Washington, DC – Americans for Financial Reform (AFR), a coalition of more than 250 national and state organizations working together for strong financial reform, issued the following statement: Damon Silvers, Policy Director and Special Counsel at the AFL-CIO testified today on behalf of AFR, AFL-CIO
Read the study here.