CNBC Article on Consumers’ Attitude Toward New Legislation
CNBC reported that consumers are almost unanimous about the need for financial reform. The article touched on different activist campaigns that are underway concerning the issue. Also discussed was the resistance coming from organizations such as the American Bankers Association. Americans for Financial Reform was
Small Business Owners Call on U.S. Chamber to Reveal Funders of Ads Attacking Financial Reform
For Immediate Release: March 17, 2010 SMALL BUSINESS OWNERS CALL ON U.S. CHAMBER TO REVEAL FUNDERS OF ADS ATTACKING FINANCIAL REFORM Small business owners available for comment Washington, DC – Immediately after Senate Banking Committee Chairman Christopher Dodd released his long awaited financial reform package
Springfield Says “No” to Payday Loans
[Springfield, MO] – Local advocates and consumers gathered outside Advance America, 1773 S Glenstone today, Wednesday, March 17, to protest financial abuses by payday loan companies. Advance America is the nation’s largest payday lender and is actively opposing reform of its industry. As the Senate takes up
Heather McGee Interviewed About Financial Reform and the Fed on CNBC
Heather McGhee, the Director of the Washington office of Demos and a member of Americans for Financial Reform, was interviewed on CNBC this morning about Senator Dodd’s financial reform proposal. The segment below focuses on the proposed rule of the Federal Reserve in the new
American Bankers Association – How Wrong Can They Be?
For Immediate Release March 17, 2010 ABA’s Account: The subprime mortgage market collapse does “not warrant a fundamental overhaul of the basic regulatory structure. Banking regulators… have since responded in a coordinated and measured way to preserve both confidence and liquidity in the banking system.”
National People’s Action, Senator Durbin Release Devastating Chicago Foreclosure Report
National People’s Action released the 2009 Chicago Foreclosure report with Senator Durbin yesterday. The report, written by NPA Research Analyst Nick Bianchi, shows that 2009 was the worst year ever for foreclosures in Chicago, with the crisis deepening in middle class communities. The report speaks
The “Restoring American Financial Stability Act of 2010”
Washington, DC – Americans for Financial Reform, a coalition of over 200 groups, released the following statement today on Chairman Dodd’s financial reform legislation: Heather Booth, Executive Director, Americans for Financial Reform: “We applaud Chairman Dodd for moving forward towards passage of legislation to protect
Leading Financial Reform Campaign To Respond To Dodd Proposal On 5pm Press Call
At 5pm today, Americans for Financial Reform, a coalition of more than 250 groups fighting for strong financial reform, will hold a press call in response to Chairman Dodd’s financial reform proposal. On the call will be Ed Mierzwinski, U.S. PIRG Consumer Program Director, Heather
Huffington Post: The Two Rules of Real Financial Reform
Fight Club fans take note! AFR Executive Director Heather Booth wrote up the rules of real financial reform for the Huffington Post. Here are first few: The first rule of real financial reform is that you can’t stop fighting for it. The second rule of