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CFPA Schumer Mccaskill Debt Settlement LOS

May 14, 2010 Senator United States Senate Washington, DC 20510 Re: End deceptive debt settlement practices identified by the GAO and tie debt settlement fees to results – Support Schumer-McCaskill amendment # 3960 Dear Senator: Americans for Financial Reform supports the Schumer-McCaskill amendment #3960 to

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Wall Street Influence, By the Numbers

$1.4 MILLION…The amount that the finance industry is spending every day to influence Congress. $600 MILLION…The amount that the six big banks and their trade associations have spent on lobbying, trade association activity, and political contributions since the first major federal bailout of Bear Sterns in March

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CRL
Oppose Carper Amendment #3949

The Center for Responsible Lending recently released a letter titled “Oppose Carper Amendment #3949: Don’t Give Banks a Free Pass from Federal and State Lending Laws”.  Click here to read the letter (pdf).

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Consumers Union
Oppose the Carper Amendment

Consumers Union has sent out multiple letters regarding preemption and S. 3217.  The most recent letter is copied below. Click here to read their letter from May 5, 2010: States Must Be Allowed to Protect Their Residents from Harmful Financial Practices Click here to read