The Senate must hold Wall Street accountable by passing the Bureau of Consumer Financial Protection (CFPB), an essential part of the reform package. Its purpose is to protect Americans from unfair, deceptive, and abusive financial products. As part of that mission, the bill provides the CFPB and the Securities and Exchange Commission (SEC) with the
Read FAQs about the SAFE Banking Act here – see page 3 (pdf). Our financial system has become dominated by institutions that are “too big to fail.” Moreover, as FDIC Chairman Bill Isaac has said, they are “too big to manage, and too big to regulate.” MIT professor Simon Johnson and James Kwak, a researcher
Americans for Financial Reform and our 250 coalition partners applaud the Senate for rejecting – on a bipartisan basis – the sham that was Sen. Shelby’s “consumer” amendment to the Wall Street accountability currently being debated in the U.S. Senate. Click here for a recording of the May 6th press call regarding the alternative GOP
CFPA AG Enforcement
As the Senate considers amendments to the Wall Street reform bill, Americans for Financial Reform detailed which amendments in all issue areas will strengthen the bill. Experts explained the dangers that lay ahead as the bill moves to through the floor debate on the Senate. AFR will be working day and night to ensure the
STATEMENT FROM THE SOUTH CAROLINA SMALL BUSINESS CHAMBER OF COMMERCE 1717 Gervais Street, Columbia, SC 29201 www.scsbc.org Statement of Frank Knapp, Jr., president and CEO, The South Carolina Small Business Chamber of Commerce. April 21, 2010. Press conference with Senators Richard Durbin, Jack Reed and Michael Bennet at U.S. Capitol. I am Frank Knapp, president,