A new nationwide survey of likely 2018 voters in key battleground congressional districts reveals overwhelming, broad-based, and intense support for curbing big banks’ influence in Washington, including solid backing for a Financial Transaction Tax, especially if it’s referred to as a “sales tax”.
“Congress ought to spend its time addressing the student loan crisis, cracking down on serial lawbreakers like Wells Fargo, and ensuring companies like Equifax pay a meaningful price for massive data breeches — not deregulating the financial services industry,” said Lisa Donner, executive director, Americans for Financial Reform. “Too many Senators seem willing to ignore the lessons of the financial crisis, and what happens when we let big banks write the rules of the economy. Millions of Americans know the costs all too well and will take notice of how members vote on passage of this harmful legislation.”
STATEMENTS ON FINAL PASSAGE IN HOUSE Allied Progress Americans for Financial Reform Better Markets Center for Responsible Lending Consumer Federation of America National Association for Latino Community Asset Builders National Community Reinvestment Coalition National Consumer Law Center (on behalf of its low-income clients) Prosperity Now
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By overwhelming majorities, across party lines and geographies, the American public supports the mission of the Consumer Financial Protection Bureau, and rejects standard arguments against it.
Bankers response to Sen. Elizabeth Warren about use of forced arbitration and cite tired, old arguments. But they won’t say publicly they want the CFPB’s rule reversed.
View or download PDF version Leading figures in Congress and the Trump Administration speak of financial regulation as a drag on the economy and an imposition on personal liberty. But Americans overwhelmingly reject that view. Nearly nine years after the financial crisis of 2008, there
House vote to roll back CFPB rule limiting forced arbitration aids big banks and predatory lenders while stopping ordinary Americans from getting their day in court.
Voters overwhelmingly favor regulation of Wall Street and strongly support the work of the work of the Consumer Financial Protection Bureau (CFPB), according to a poll released today by Americans for Financial Reform (AFR) and the Center for Responsible Lending (CRL).
The CFPB: Holding banks and lenders accountable and looking out for consumers since 2011 CFPB BASICS Ten Ways the CFPB Safeguards Your Money Why the CFPB Matters to Communities of Color Why the CFPB Matters to Servicemembers and Veterans Why the CFPB Matters to