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AFR Statement on House Passage of H.R. 1315

FOR IMMEDIATE RELEASE    July 21, 2011                                        CONTACT: John Carey at 202-466-1854 john@ourfinancialsecurity.org        AFR Statement on House Passage of H.R. 1315 Washington, DC – Americans for Financial Reform, a coalition of more than 250 national and state organizations working together for strong Wall Street reform,

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Dodd-Frank Can’t Be the End of the Story

Dodd-Frank Can’t Be the End of the Story New Deal2.0 (Roosevelt Institute) July 21, 2011 ―One year after the passage of Dodd-Frank, Roosevelt Institute Fellow Mike Konczal invited experts and those on the front lines to weigh in on what‘s happened so far and what‘s

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Consumer Bureau Finds Support on Its First Day

Consumer Bureau Finds Support on Its First Day Ben Protess (NYT/Dealbook) July 21, 2011 The Consumer Financial Protection Bureau formally opened for business on Thursday, much to the consternation of Congressional Republicans. But as conservative lawmakers step up their attacks on the new regulator, aiming

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Editorial – Consumer watchdog

Editorial – Consumer watchdog Toledo Blade editorial July 21, 2011 ―The choice of former Attorney General Richard Cordray to head the federal Consumer Financial Protection Bureau could add some bite to President Obama’s promise to protect consumers against unscrupulous lenders. That is, unless Senate Republicans

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Dodd-Frank rules slowly kick into consumers’ lives

Dodd-Frank rules slowly kick into consumers’ lives Dorothy Zhang (Medill News Service) July 21, 2011 ―The Dodd-Frank law is slowly kicking into U.S. consumers‘ lives, one year after the most sweeping U.S. financial regulation since the Great Depression was enacted. … The cap on swipe

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AFR Letter Opposing Legislation That Would Weaken the CFPB

AFR sent a letter to members of Congress yesterday regarding a piece of legislation that would threaten the ability of the CFPB to sufficiently protect consumers. If enacted, this bill would virtually guarantee that the CFPB would be a weak and timid agency without the will or ability to curb the kind of financial abuses that caused the nation’s worst financial crisis since the Great Depression.