Dear House Financial Services Committee Member: As you continue consideration of the Investor Protection Act this week, decisions you make on pending roll call votes will determine whether this legislation lives up to its name. Unfortunately, several of the bill’s central provisions have already been
By Jennifer Liberto. Excerpt: WASHINGTON (CNNMoney.com) — As Congress starts debating how to deal with financial firms deemed “too big too fail,” some lawmakers and advocates are worried about giving the executive branch expansive new powers over the financial sector. “Mr. Secretary, I’m not a
Oct. 30 (Bloomberg) — In Washington and on Main Street, politicians and voters are railing against Wall Street’s multi- million-dollar pay packages. In the financial world, most executives expect their bonuses to match or exceed last year’s, with 1 in 10 predicting their best-ever payout.
Are you furious? If not, you should be. The giant financial institutions that make up Wall Street have been bailed out, thanks to trillions of dollars of our money, and are on track to hand out record-breaking multibillion-dollar bonuses while millions of regular folks are
The banks are going door-to-door but only handing out tricks — no treats. Banks are spending MILLIONS to defeat good financial reform that would prevent a future meltdown and help everyday people. Enough is Enough!
DATE: October 30, 2009 AFR Encouraged As the Consumer Financial Protection Agency Passes Next Challenge Efforts to Weaken the Agency Defeated Washington, DC – Americans for Financial Reform released the following statement following on the passage of the Consumer Financial Protection Agency by a second
Powers must be given to a fully public body, and one that is able to benefit from the information and perspective of the routine regulators of the financial system (excerpt from Pres. Trumka’s testimony) DATE: October 30, 2009 AFR: “Too Big To Fail” Legislation Needs
American Casino will take you for a spin around Wall Street’s roulette wheel for an inside look at exactly how big money’s shell game worked, and how it crashed. Join with other like minded individuals and community organizations who are demanding that congress change the
FOR IMMEDIATE RELEASE CONTACT: Doug Gordon, 202-822-5200 DATE: October 26, 2009 AFR: 100th Bank Failure Glaring Reminder To Congress That It Is Time To Act On Real Reform Washington, DC– Americans for Financial Reform released the following statement today in response to the 100th bank
October 26, 2009 The Honorable Barney Frank The Honorable Spencer BachusThe Honorable Paul E. Kanjorski The Honorable Scott Garrett RE: October 1, 2009 Discussion Draft of the Investor Protection Act Dear Chairmen Frank and Kanjorski, Ranking Members Bachus and Garrett and Members of the Committee: