Statement from Americans for Financial Reform on the President’s plan to create a Consumer Financial Protection Agency

www.ourfinancialsecurity.org FOR IMMEDIATE RELEASE                                                 Contact:  Lisa Donner 202-588-7772     June 29, 2009                                                                             

“Bank employees protest ‘anti-consumer’ practices”-AP

Atlanta Business Chronicle: BofA under fire from SEIU, consumer groups

Atlanta Business Chronicle – by Mark Calvey Bank of America was defending itself Tuesday against criticism over its sales and collection practices. The criticism comes from the Service Employees International Union, which is trying to organize the bank’s workforce, along with the National Association of

“Bank of America is accused of exploiting Latino immigrant customers’-LA Times

Reuters: Bank of America accused of anti-consumer practices

ACORN Home Defenders to Confront “Home Wrecker 4” in 14 Cities (locations)

Washington Post: The Case for a Consumer Protection Agency

This guest post is from Ellen Harnick from the Center for Responsible Lending. Over the past decade, federal bank regulators looked the other way as responsible loans were crowded out of the market by aggressively marketed financial products carrying hidden costs and fees. Tricky products,

“Making Financial Regulation Work: The Elephants of Banking”-The Washington Post

This is part of a series on The Hearing called “Making Financial Regulation Work.” The guest post is from Shawn Bayern, assistant professor of law at Florida State University, and Zephyr Teachout, associate professor of law at Fordham University. Two weeks ago, the Obama administration