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
FOR IMMEDIATE RELEASE DATE: February 5, 2010 AFR: Big Banks Cash In On Unemployed Washington, DC – Americans for Financial Reform released the following statement on the practice of big banks, like Citi, Wells Fargo, JPMorgan Chase, and Bank of America, of fleecing the unemployed
Business for Shared Prosperity, an AFR affiliate, has been getting attention with their message of support for financial reform. The coalition, made up of business owners from around the country, recently put out this press release (PDF) asking the Senate to approve the Consumer Financial
Re: Support of the Financial Crisis Responsibility Fee January 25, 2010 Dear President Obama, We, the undersigned organizations, are writing to thank you for your leadership on financial services reform and applaud your proposal for a Financial Crisis Responsibility Fee to recoup TARP bailout funds.
John Taylor, President & CEO of the National Community Reinvestment Coalition (NCRC), discussed the next wave of AIG bonuses on Fox Business News. In response to another guest’s hemming and hawing about what is appropriate compensation and how a salary is defined, John really made
Dear Chairman Dodd and Senator Shelby: The signatories below, representing socially responsible and sustainable investors, are writing to reiterate our support for an independent and robust Consumer Financial Protection Agency (CFPA), as proposed in the draft “Restoring American Financial Stability Act of 2009,” released in
FOR IMMEDIATE RELEASE DATE: February 3, 2010 Americans for Financial Reform, the Commodities Markets Oversight Coalition Band Together to Put Cops Back on the Futures and Derivatives Beat, Close Loopholes That Fostered Financial Meltdown Washington, DC – Business interests ranging from fuel dealers to farmers,
February 1, 2010 The Honorable Christopher J. Dodd The Honorable Richard C. Shelby The Honorable Robert P. Corker The Honorable Mark R. Warner Mr. Michael S. Barr Dear Chairman Dodd, We, the organizations comprising Americans for Financial Reform (AFR), are writing to convey our views