This op-ed was placed in the Tennessee Opinion by Krissa Barclay, former chairman of the Davidson County Democratic Party, and Lauren Saunders, managing attorney at the National Consumer Law Center. This piece makes note of the differences in safety and transparency between commercial products and
Tele-press conference Monday, June 7, 2010 at 9 a.m. EDT Nobel Prize winner warns against putting the government at risk for Big Banks’ deceptive practices Elimination of the language in the Senate financial reform bill that would require big banks to separate their derivatives desks
Experts and Leaders Will Lay Out What to Expect in the Conference and How to Keep the Final Bill Strong Listen to a recording of the conference here. Washington, D.C. – Friday, June 4 at 11 A.M. ET, a panel of financial experts and civil rights
The Center for Responsive Politics and Public Citizen recently released a report showing the number of former federal employees now lobbying Congress and federal agencies. They say: Organizations in the financial services sector have deployed at least 1,447 former federal employees to lobby Congress and
On the day the Financial Crisis Inquiry Commission held hearings on the role credit rating agencies play in the economic meltdown, Senator Al Franken (D-Minn.), Rep. Brad Sherman (D-Calif.), Ohio Attorney General Richard Cordray and James Lardner, senior policy analyst at Demos, called for ensuring
June 2, 2010 Senator United States Senate Washington, DC 20510 Dear Senator: As a conferee on the financial reform bill, you will certainly be hearing from the auto dealers about their interest in being exempted from the new Consumer Financial Protection Agency. We maintain that
Now that the Senate and House have both passed financial reform legislation, they will meet in a Conference Committee to hammer out the differences between their two bills. (See posts about the House bill here, Senate here.) This means that the fight for strong reform
U.S. PIRG has graded Senators on their votes on financial reform. Click here to find out how yours stack up! From their press release: “Looking at how a Senator votes on one final passage vote isn’t enough,” said Ed Mierzwinski, Consumer Program Director for U.S.
Editorial Roundup Shows Opponents of Reform are on the Wrong Side Cleaning up Wall Street: Las Vegas Sun Editorial, May 25: “It is notable that Republicans continue to raise a fuss about the legislation… [Their] comments are also disingenuous. There is no government takeover. Nor is
This article in the Washington Independent talked about the strengths and weaknesses of the Senate’s financial reform bill, and quoted AFR Director Heather Booth. By and large, consumer watchdogs — some of the bill’s fiercest critics and biggest supporters — were happy with the final