An event at the Center for American Progress In the aftermath of regulatory failures that led to an unprecedented global financial crisis, the rules of the road are being rewritten. The House of Representatives passed legislation late last year and the Senate Banking Committee is
Banks are bracing for outrage, not just from the public but from their employees as well. Dan Pedrotty of the AFL-CIO shares insight in this video.
Bill Thomas, the Commissioner of the Financial Crisis Inquiry Commission (FCIC) today invited the public to send him any and all questions they have about the financial crisis. Thomas said that the bankers will have to answer all questions even if they are trivial,
The Center for Responsible Lending shows why a Consumer Financial Protection Agency (CFPA) is “priceless” in this video.
FOR IMMEDIATE RELEASE DATE: January 13, 2010 Washington, DC – As the Financial Crisis Inquiry Commission kicks off its first public hearing today, Americans for Financial Reform calls on big banks to not only justify their reckless behavior but also explain why they are working
Tomorrow evening, PICO faith leaders will take a big step forward to hold big banks accountable to our communities. PICO leaders from across the country will travel to Antioch Family Church in Antioch, CA to participate in the nation’s first negotiation session since the financial
Financial reform activists from around the nation are fueling a new campaign that encourages consumers to “Move Your Money” from the big bailed-out banks to small local banks. Your accounts with the big Wall Street banks are unwittingly helping to fund the fight against reform.
The Financial Times recently published this article about the role of derivatives in the current economic crisis. The report focuses on Gary Gensler, Chairman of the Commodity Futures Trading Commission and his recent statement that over-the-counter derivatives “were at the heart and not a side
The Boston Globe published this article about Senator Dodd’s retirement announcement and the way it will affect financial reform. The full article is available here, and the quote about Americans for Financial Reform is copied below. “The best way to protect consumers is to have
Our good friends at Consumers Union have started yet another cool contest. This time, they’re asking you to submit any image which somehow speaks to the dangers of debt. The winner gets a one year subscription to Consumer Reports Online AND $1,000! Three runners up