This new report (from the AFR Activism Fund) tracks a stream of efforts by members of the current Congress to undermine one of the major acts of the last Congress: the Dodd-Frank financial reform law. Since Dodd-Frank, Wall Street interests have lobbied to roll back new (and old) rules, block further steps, and re-legitimize many
Four years after the Lehman collapse, a new AFR Briefing Paper surveys the damage .
Americans for Financial Reform will host a conference call for reporters and bloggers on Today at 12:00 PM EDT to discuss the impact of Wall Street speculation on gas prices. Wall Street gambling is driving up gas prices and putting a strain on the economic recovery and the pocket-books of working families and the middle class.
FOR IMMEDIATE RELEASE: March 22, 2012 Contact: AARP Media Relations 202-434-2560 media@aarp.org AARP: JOBS Act Lacks Vital Investor Protections Washington, DC – AARP Senior Vice President Joyce Rogers issued the following statement today in response to the Senate passage of the “JOBS” Act: “Despite a successful amendment to a
The Volcker Rule and Market Liquidity The Volcker Rule will restrict banks’ ability to speculate in financial markets. Recently, critics of the rule have claimed that it will lead to declines in market liquidity that will have serious economic effects. A new industry-funded study from Oliver Wyman claims that due to reduction in market liquidity
An overwhelming majority of Americans—Republican, Democratic, and Independent—favor strong, sensible oversight of the financial services industry, including a strong and independent Consumer Financial Protection Bureau, the poll finds.