Comprehensive Reforms Are Only Way to Ensure Stability in the Economy Washington, DC – Americans for Financial Reform released the following statement marking the full implementation the Credit Card Accountability, Responsibility and Disclosure (CARD) Act today. Ed Mierzwinski, Consumer Program Director, U.S. PIRG: “The Credit
Congressman Dan Meffei (D-NY) recently spoke up on behalf of the Consumer Financial Protection Agency and increased consumer protections in a radio interview with the Rochester-based station WXXI. The report from the interview says: Maffei was in Rochester earlier this week, to promote new rules
AFR sent the following letter to Chairman Dodd and other members of the Senate Banking Committee on February 19, 2010: The Honorable Christopher Dodd Chairman Committee on Banking, Housing and Urban Affairs U.S. Senate Washington, D.C. 20510 Dear Chairman Dodd: The undersigned consumer, civil rights, labor and community
The News Observer reports that the NC Secretary of State, Elaine Marshall, dropped off a petition with 2,500 signatures supporting financial reforms to the office of Republican Senator Richard Burr. Marshall will be running against Burr this fall. Here is an excerpt from their report:
Senator Tester (D-MT) has already spoken out against recent misleading ads about financial reform and the Consumer Financial Protection Agency, and now he’s followed up his previous interview with a letter to the “Committee for Truth and Politics”. Here are some excerpts from the accompanying
Heather Booth, AFR’s Executive Director, was quoted in this Washington Post article. Here is an excerpt: Heather Booth, executive director of Americans for Financial Reform, said that the advocacy campaign has reached a critical moment and that more such efforts are on the way. She
The Huffington Post is focusing on small business support for the CFPA this week. Read their piece here. An effective CFPA would protect small businesses from deceptive loans and ensure them a steady flow of quality credit. If you are a business person or investor
Attorneys General Tom Miller (IA), Lisa Madigan (IL), Richard Blumenthal (CT) and Richard Cordray (OH) addressed the importance of the U.S. Senate passing legislation to create a Consumer Financial Protection Agency on a press call on February 9, 2010. The Attorneys General discussed the need
Frank Statement on Consumer Protection Washington, DC – House Financial Services Committee Chairman Barney Frank (D-MA) today made the following statement about the need for increased consumer protection in the financial industry: “I welcome Elizabeth Warren’s forceful Op-Ed in today’s Wall Street Journal making a
The Main Street Brigade is a rapid response team, nationwide, that can be activated to protect our communities against just this kind of devastation. Right now, we are ALL vulnerable to the big banks, CEOs and Wall Street institutions whose irresponsibility and risky behavior caused