In a recent article about financial reform legislation, Senator Dodd talked about the bipartisan work that has been done so far but said, “for now we have reached an impasse.” AFR was mentioned in the article: Heather Booth, executive director of Americans for Financial Reform,
February 9, 2010 Dear Senator Harkin and Representative DeFazio: We, the undersigned organizations, are writing in support of your bills, “The Wall Street Fair Share Act”(S. 2927) and “Let Wall Street Pay for the Restoration of Main Street Act of 2009” (H.R. 4191). Your bills
Professor Elizabeth Warren submitted this Opinion piece to the Wall Street Journal yesterday. As the Chair of the TARP Congressional Oversight Panel, Professor Warren has been vocal about the need for increased consumer protections and has been a staunch supporter of the creation of a
A student at the University of Indiana published this op-ed in an Indiana paper supporting the Consumer Financial Protection Agency. High-cost, unregulated private student loans are just one example of why we need a strong Consumer Financial Protection Agency. U.S. Sen. Evan Bayh, D-Ind., sits
The California Reinvestment Coalition released this report (PDF) about subprime lending to communities of color in California. Here are their key findings: Lenders saturated California neighborhoods with high-cost and predatory loans: In 2006, in each city, lenders were more likely to make high-cost loans in
AFR Director Heather Booth has a new column on the Huffinton Post exposing Frank Luntz’s lies about financial reform. Here’s an excerpt from her post: Seen this ad from the “Committee for Truth in Politics”? If the name weren’t comical enough, the visuals are. But
The Main Street Brigade is a rapid response team, nationwide, that can be activated to protect our communities against just this kind of devastation. Right now, we are ALL vulnerable to the big banks, CEOs and Wall Street institutions whose irresponsibility and risky behavior caused
To get our economy back on track, we must regulate the financial instruments known as “derivatives.” Derivatives are traded on Wall Street in secretive “shadow markets.” These markets need to be brought into the light to secure financial safety for regular investors – folks depending
FOR IMMEDIATE RELEASE DATE: February 5, 2010 AFR: Dodd Makes Right Call To Move Forward Dodd’s Leadership Means Accountability for Wall St is Within Reach Washington, DC – Americans for Financial Reform released the following statement regarding Senate Banking Chairman Chris Dodd’s decision to move
Heather Booth, the Executive Director of Americans for Financial Reform, is now blogging on the Huffington Post. Click here to read her profile and subscribe to her blog. This week, she’s talking about the link between unemployment and the need for financial reform, especially given