Download this testimony as a PDF. Chairman Lincoln, Ranking Member Chambliss, and Members of the Committee, thank you for inviting me to testify before you today. The American people clearly sense that there is something deeply flawed in the current structure of our financial markets
On Tuesday November 17, Damon Silvers of the AFL-CIO debated Ed Yingling of the American Bankers Association about how best to reform our financial system and restore the economy. Visit the Aspen Institute for more information and watch below!
SEIU President Andy Stern is joining hundreds of progressives—maybe more—in a newly organized protest outside the Washington, D.C., offices of Goldman Sachs on Monday at noon. SEIU is part of a co-sponsoring coalition, Americans For Financial Reform, that also includes the AFL-CIO and the advocacy
Goldman Sachs CEO Lloyd Blankfein may have had his tongue in his cheek when he said his bankers were doing “God’s work,” but the company’s critics aren’t laughing. In fact, a couple hundred of them — led by Service Unions International Union president Andy Stern
According to the New York Times, “Robert Benmosche, chief executive of [AIG] since August, confirmed that he was “frustrated” about how long it was taking to devise an executive compensation plan that was “fair” but did not violate the restrictions the government has placed on
My DD posted this article which refers to Americans for Financial Reform. Here’s an excerpt: By Zach Carter, Media Consortium Blogger By proposing financial reforms that won’t curb Wall Street excess, U.S. policymakers have offered an unacceptably weak response to our enormous financial crisis. If
House Financial Services Committee 2129 Rayburn House Office Building Washington, D.C. 20515 November 17, 2009 Dear Chairman Frank, Ranking Member Bachus, and Members of the Committee, As members of Americans for Financial Reform, a coalition of nearly 200 consumer, employee, investor, community and civil rights
Americans for Financial Reform appeared in this Roll Call article. Excerpt: Consumer advocates are counting on Dodd to help push back on industry’s attempt to narrow reform. Groups such as Americans for Financial Reform have already started reaching out to the Banking panel’s staff to
National People’s Action and Service Employees International Union (SEIU) organized hundreds of taxpayers to converge on the Washington headquarters of Goldman Sachs on November 16 to demand an end to multi-billion dollar bonuses and the Too Big To Fail Doctrine and call for immediate Congressional
Americans for Financial Reform and our partners sent these letters (House, Senate, both links are PDFs) to Congress stating our strong support for overdraft reform. New bills introduced in the House and Senate take dramatic steps to protect consumers from sneaky overdraft loans. You can