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AFR: Avoid CFPA Carve Outs

May 6, 2010 The Honorable Harry Reid The Capitol, S-221 Washington, DC 20050 Dear Senator Reid: As members of Americans for Financial Reform, a coalition of more than 250 consumer, labor, investor, community, civil rights and business groups, we write to you today to ask

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Protect Investors from Wall Street Abuses

Protect Investors from Wall Street Abuses: Make Brokers and Swaps Dealers Act in Their Customers’ Best Interests Click here for a pdf version of this letter. The recent hearing in the Permanent Subcommittee on Investigations on Goldman Sachs has awakened many people to the extent

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ICBA Ltr Opposing Auto Dealer Exemption

May 11, 2010 The Honorable Christopher Dodd The Honorable Richard C. Shelby Dear Chairman Dodd and Senator Shelby, On behalf of the Independent Community Bankers of America and its nearly 5,000 member banks, I write to oppose Sen. Brownback’s amendments SA 3789 and SA 3790

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CMOC Says: Keep Derivatives Reform Strong

Our partners at CMOC (Commodity Markets Oversight Coalition) wrote this letter detailing loopholes that the big banks are trying to slip into the bill under the guise of a fake “derivatives end user” coalition, and clarifies that authentic users of derivatives to hedge have all

The Consumer Financial Protection Agency (CFPA)

Congress is considering creating a Consumer Financial Protection Bureau (CFPB) whose sole mission would be to protect consumers from dangerous financial products and practices.  (The CFPB has also been referred to as the Consumer Financial Protection Agency (CFPA).) Why do we need a CFPA? What would it

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Credit Union’s Oppose Brownback Amendment

May 10, 2010 The Honorable Christopher Dodd Chairman Committee on Banking, Housing and Urban Affairs United States Senate Washington, DC 20510 The Honorable Richard Shelby Ranking Member Committee on Banking, Housing and Urban Affairs United States Senate Washington, DC 20510 Dear Chairman Dodd and Ranking