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
April 30, 2010 United States Senate Washington, DC 20510 Dear Senator: Americans for Financial Reform is a coalition of more than 250 consumer, employee, investor, community, labor and civil rights groups. Consumer Federation of America is a non-profit association of more than 280 groups that,
Activists in Denver, CO joined in with nationwide protests in support of financial reform yesterday. Here’s a report on their actions from the Denver Daily News: A coalition of protesters — several dressed in hazmat gear and respirators —rallied yesterday in front of the downtown
Americans for Financial Reform and Public Citizen hosted a conference call with Senator Jeff Merkley and Senator Carl Levin on April 29, 2010 to discuss the financial reform bill and the need to reform proprietary trading. A recording of this call is available below: Conference