The big Wall Street banks and their allies in Congress and in the media have launched an all out attack on the fledgling Consumer Financial Protection Bureau (CFPB). This new Consumer Bureau will be the first banking regulator with the sole job of standing up for consumers in the financial market place, starting on July 21, 2011.
As the country’s largest financial institutions spend hundreds of thousands of dollars trying to beat back debit card swipe fee reforms, Senator Durbin and a group of dedicated consumer advocates and small business owners will hold a press call TODAY at 2:15pm EST in order to highlight the broad support for the reforms.
Washington, DC – Americans for Financial Reform, a coalition of more than 250 national and state organizations working together for strong financial reform, issued the following statement today: The Consumer Financial Protection Bureau (CFPB) was created in the wake of the monumental financial crisis and
FOR IMMEDIATE RELEASE DATE: March 2, 2011 CONTACT: John Carey at 202-466-1854 john@ourfinancialsecurity.org Proposed Funding Cuts Put Consumer Protections and Economy in Peril Durbin, small business leader join AFR in opposing CFPB cuts that would not subtract a dime from the deficit Washington, DC
FOR IMMEDIATE RELEASE DATE: February 17, 2011 CONTACT: John Carey at 202-466-1854 John@ourfinancialsecurity.org AFR Statement on OCC’s Obstruction of Foreclosure Solutions Washington, DC – Americans for Financial Reform, a coalition of more than 250 national and state organizations working together for strong financial reform, issued
Halfway to the CFPB: An AFR Progress Report on “Standing Up” the New Consumer Financial Protection Bureau Summary: CFPB Implementation Team staff are making significant progress in their efforts to both build an effective agency and be ready to perform required functions by the transfer
FOR IMMEDIATE RELEASE February 3, 2011 CONTACT: Ed Mierzwinski Consumer Program Director U.S. Public Interest Research Group Office: 202-546-9707, ext. 314 edm@pirg.org Professor Elizabeth Warren and New Consumer Bureau Launch Website – ConsumerFinance.gov – To Both Talk With and Listen To Consumers WASHINGTON, Feb. 3
FOR IMMEDIATE RELEASE DATE: January 21, 2011 CONTACT: John Carey at 202-466-1854 john@ourfinancialsecurity.org Consumer Financial Protection Bureau on Track for July Launch J.P. Morgan Chase & Co. Mess is Latest Example of Urgent Need for Consumer Protection Washington, DC – Six months after Wall Street
Six months after Wall Street reform legislation creating the new Consumer Financial Protection Bureau (CFPB) was signed, a leading coalition released Halfway to the CFPB: An AFR Progress Report on “Standing Up” the New Consumer Financial Protection Bureau. Today marks the halfway point in the year
Below, read a summary of the Dodd-Frank law from AFR member Consumer Action. The landmark federal financial reform legislation (the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010) was designed to strengthen consumer protection of financial products and services, limit taxpayer liability for