Reuters reports: Reforming the $450 trillion derivatives market is key to removing the risks of financial markets, and greater central clearing of privately traded derivatives is a vital part of that, the head of the Commodities Futures Trading Commission said on Friday. Central clearing, in
NPR’s All Things Considered talked with a consumer in California who moved his money to a community bank, and discussed the Move Your Money campaign. Listen here.
Lake Research Partners has put out this memo in response to Frank Luntz’s anti-reform memo, which AFR’s Heather Booth blogged about here. This latest memo details how financial reform advocates should frame the conversation about financial reform in order to effectively rein in the greedy,
Thank you so much for joining Americans for Financial Reform. As we work to clean up the mess that Wall Street made, we need your voice to help make sure that the job of rewriting the regulatory rulebook is not left to the financial predators
This article posted on Financial Advisor Magazine’s website shows another side of the argument for a Financial Transaction Tax. Here are a few of the notable statements from the article, including the leading paragraph: Opponents of one proposed Wall Street reform, a financial transaction tax,
Professor Elizabeth Warren was back on the Daily Show on Tuesday night to speak to host Jon Stewart about the dire need for financial reform in order to preserve the middle class and America’s financial security. Warren, who has served as the TARP oversight chair
Leo Hindery, Jr. is chair of the US Economy/Smart Globalization Initiative at the New America Foundation. He is the former chief executive of AT&T Broadband and other major media and telecom companies, and published this editorial on CNN Opinion. New York (CNN) — What if,
Americans for Financial Reform, CMOC and other groups will send the following letter to Senator Harkin and Representative DeFazio. If you represent an organization, click here to join us and sign the letter. ————— Dear Senator Harkin and Representative DeFazio: We, the undersigned organizations, are
The Benefits of a Financial Transactions Tax A financial transaction tax is a tax placed on a specific type of financial transaction for a specific purpose. From the Center for Economic and Policy Research (CEPR): The recent economic turmoil has generated renewed interest in a
Last night in his State of the Union address, President Obama reinforced his ambitious agenda to fix the economy and enact financial reform, including measures to hold Big Banks accountable for their reckless actions that led to our financial crisis and the loss of millions