June 15, 2010 To Members of the H.R. 4173 Restoring American Financial Stability Act of 2010 Conference Committee Re: Protect Taxpayers by Supporting the House-Passed Pre-Funded Dissolution Fund Dear Committee members, The over 250 consumer, employee, investor, community, small business and civil rights groups who
As the Conference Committee continues to meet to prepare a final financial reform bill, Americans for Financial Reform has outlined these points as their top priorities: Establishing a Consumer Financial Protection Bureau that is independent, has broad enforcement authority, and the necessary funding to protect
The New York Times ran this editorial supporting strong financial reform. Here are key excerpts: The Volcker rule and the derivatives spinoff are critical structural reforms, not just rule changes. They are essential to protecting the system. Banks and other lenders are also fighting to
June 14, 2010 The Honorable Christopher Dodd Chairman, Senate Committee on Banking, Housing and Urban Affairs Washington, DC 20510 The Honorable Barney Frank Chairman, House Committee on Financial Services Washington, DC 20515 RE: Mortgage and Foreclosure Issues in Financial Reform Conference Dear Chairman Dodd and
The Washington Post published this commentary from Susan Weinstock of the Consumer Federation of America. Here is an excerpt: By Susan K. Weinstock Monday, June 14, 2010 Contrary to the commentary by auto dealer Tammy Darvish [“A fight on the front lines of the auto
June 11, 2010 Chairman Christopher Dodd Chairman Barney Frank Dear Senator/Representative: We write on behalf of Americans for Financial Reform, an unprecedented coalition of over 250 national, state and local groups who have come together to reform the financial industry. Members of our coalition include
June 11, 2010 Chairman Christopher Dodd Chairman Barney Frank Re: Support Senate Derivatives Reform Sec. 716: Separation of swaps dealing from taxpayer-protected banks Dear Senator/Representative: We write on behalf of Americans for Financial Reform, an unprecedented coalition of over 250 national, state and local groups
Americans for Financial Reform and the undersigned groups support a strong FTC Senate Conferees Should Recede to the House on Section 4901 of HR 4173 Dear Conferee, We write on behalf of Americans for Financial Reform, an unprecedented coalition of more than 250 national, state
With Congress finishing up work on Wall Street reform, it’s clear the high ground is with those supporting strong reform. Read about actions supporting financial reform across the country here. 53% of Americans want their Congressional candidate to support reforming Wall Street, 25% enthusiastically so.
June 10, 2010 The Honorable Christopher Dodd The Honorable Barney Frank Re: Preventing foreclosures for the unemployed We strongly encourage the Conference Committee to support inclusion of the House passed provision to create a loan program for jobless homeowners in the final version of the