United States Senate Washington, DC 20510 April 23, 2010 Dear Senator: We write to express our support for the provisions in the Restoring American Financial Stability Act of 2010 that give the Bureau of Consumer Financial Protection (CFPB) and the Securities and Exchange Commission (SEC)
“The Restoring American Financial Stability Act” (S. 3217) is a good start but must be strengthened as it is discussed in the Senate. Read about the key ingredients to real financial reform. Read our fact sheets and letters to Congress about the bill. Read all
Press Conference Call Tuesday, May 4 at 11:30 AM ET Washington, DC – As the Senate considers amendments to the Wall Street reform bill, Americans for Financial Reform will detail which amendments in all issue areas will strengthen the bill on a press conference call Tuesday,
United States Senate Washington, DC 20510 May 3, 2010 Re: Letter of support for the Prohibition against Federal Government Bailouts of Swaps Entities Dear Senator: The over 250 consumer, employee, investor, community and civil rights groups who are members of Americans for Financial Reform (AFR)
FOR IMMEDIATE RELEASE DATE: May 3, 2010 As the first full week of debate begins on Financial Reform, danger lies ahead for the bill. The big banks, and their friends on the Hill, will do everything in their power to try to weaken or kill
Auto dealers are heading to Capitol Hill seeking a special carve-out from the “Restoring American Financial Stability Act of 2010” (S. 3217), which aims to put an end to the reckless practices of Wall Street and the abusive and discriminatory tactics by finance companies of
Courtesy of the National Consumer Law Center April 28, 2010 The following are examples of state laws that have been preempted by federal bank regulations. Section 1044 of S. 3217, the Restoring American Financial Stability Act, allows bank regulators to continue preempting state laws but requires them
Everyone (except Wall Street bankers) seems to be outraged about Wall Street banks, which made billions by trading complex confections of dicey mortgages and then passed us the tab when the investments went belly up. But what about the agencies that bestowed triple-A ratings on
STATEMENT FROM THE SOUTH CAROLINA SMALL BUSINESS CHAMBER OF COMMERCE 1717 Gervais Street, Columbia, SC 29201 www.scsbc.org Statement of Frank Knapp, Jr., president and CEO, The South Carolina Small Business Chamber of Commerce. April 21, 2010. Press conference with Senators Richard Durbin, Jack Reed and