Tag Archives: Auto Lending

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Stiglitz in Politico: Conference Must Preserve Strongest Provisions

Nobel Prize winning economist Joseph Stiglitz writes in Politico about the upcoming Conference Committee between the House and Senate.  He writes: The future of improved financial regulations depends largely on how the differences between the House and Senate bills are resolved. If the strongest provisions

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AFR to Conference: Don’t Exempt Auto Dealers

June 2, 2010 Senator United States Senate Washington, DC 20510 Dear Senator: As a conferee on the financial reform bill, you will certainly be hearing from the auto dealers about their interest in being exempted from the new Consumer Financial Protection Agency.  We maintain that

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Advocates Oppose Car Dealer Carve Out

The industry that has the most complaints to the Better Business Bureau should not be exempted from consumer protection Consumer Federation of America: “In the fight over Senator Brownback’s (R-KS) amendment exempting auto dealers from the proposed Consumer Financial Protection Agency, representatives of the military

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Wall Street Influence, By the Numbers

$1.4 MILLION…The amount that the finance industry is spending every day to influence Congress. $600 MILLION…The amount that the six big banks and their trade associations have spent on lobbying, trade association activity, and political contributions since the first major federal bailout of Bear Sterns in March

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AFR: Avoid CFPA Carve Outs

May 6, 2010 The Honorable Harry Reid The Capitol, S-221 Washington, DC 20050 Dear Senator Reid: As members of Americans for Financial Reform, a coalition of more than 250 consumer, labor, investor, community, civil rights and business groups, we write to you today to ask