Organized by Americans for Financial Reform and their coalition partners, Association of Community Organizations for Reform Now (ACORN) and PICO National Network, held a press conference today highlighting testimony from homeowners whose lenders continue to drag their feet performing loan modifications, despite the Administration’s plan
Americans for Financial Reform has been fighting for over a year to fix our economy, protect consumers, and prevent another economic meltdown. Now, we’re turning our attention to getting the Consumer Financial Protection Bureau off to the powerful start it needs by supporting Professor Elizabeth
By Jessica Yellin CNN National Political Correspondent WASHINGTON (CNN) — If you hold a credit card, mortgage or a student loan, Congress is considering a new agency designed to give you a lot more protection. Congress is considering a new agency designed to give consumers
To find out who your Representative is and how to contact him/her, go to this site. Write, email or call your Member of Congress and tell him or her: “I support the creation of a new agency – one that’s accountable to the public, and
By Laura Petrecca, USA TODAY The big squeeze on small-business financing continues, despite the overall loosening of U.S. Small Business Administration-backed loans in recent months, two new studies show.Nearly four in 10 small-business owners polled in the past few weeks said they are not able
FOR IMMEDIATE RELEASE Published July 21, 2009 5:06 PM Marcus Mrowka, 202-730-7759, marcus.mrowka@seiu.org Congress Must Not Buckle to Corporate Interests on Financial Reform WASHINGTON, DC— Today, the Service Employees International Union released a statement from Secretary-Treasurer Anna Burger following reports that Congress is delaying action
In testimony last week by Fed Governor Elizabeth Duke (a former American Bankers Association official) and yesterday by Fed Chairman Ben Bernanke, the Federal Reserve has argued that it deserves to keep authority over consumer protection. CONTINUE AT http://static.uspirg.org/consumer/archives/2009/07/ten_reasons_not.html
Read the USA Today Article
Listen to Professor Warren explain clearly and compellingly why the financial system is broken and how a Consumer Financial Protection Agency is one critical element of true comprehensive financial reform Click here to See Professor Warren explain the need for a Consumer Financial Protection Agency