FOR IMMEDIATE RELEASE CONTACT: Lauren Weiner, 202-470-5870 DATE: October 20, 2009 Auto Dealer Horror Stories Stress the Need to Include Car Dealers in the Consumer Financial Protection Agency Speakers from VA and CA detail their personal stories and urge Congress to ensure the Consumer
October 20, 2009 AFR Recommended Position on remaining amendments to the Consumer Financial Protection Agency bill Dear Representative, On behalf of the members of Americans for Financial Reform, a coalition of over 200 national, state and local consumer, labor, retiree, investor, community and civil rights
House Financial Services Committee 2129 Rayburn House Office Building Washington, D.C. 20515 October 20, 2009 Dear Chairman Frank, Ranking Member Bachus, and Members of the Committee, On behalf of the nearly 200 national, state and local consumer, employee, investor, community and civil rights organizations of
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October 13, 2009 The Honorable Barney Frank Chairman Committee on Financial Services United States House of Representatives Washington, DC 20515 Re: Realtor Exemption in H.R. 3126 Consumer Financial Protection Agency Dear Chairman Frank: Thank you for your leadership in advancing legislation to create a much-needed
October 8, 2009 The Honorable Barney Frank Chairman Committee on Financial Services United States House of Representatives Washington, DC 20515 Re: School Loan Exemption in H.R. 3126 Consumer Financial Protection Agency Dear Chairman Frank: Thank you for your leadership in advancing legislation to create a
On October 7, USA Today ran this excellent opinion piece. Here’s an excerpt: New financial watchdog could curb abusive practices, limit fine print. In Washington, it’s always easier to kill a new idea than to promote one. And that’s what the banking industry is counting
The New York Times ran this excellent editorial on September 13, 2009. Here’s an excerpt explaining the need for a strong Consumer Financial Protection Agency (CFPA): CONSUMER PROTECTIONThe financial crisis would have been less severe — or largely avoided — if regulators had curbed abusive
The Philadelphia Inquirer ran this excellent opinion piece on August 3. Here’s an excerpt: Credit card and mortgage consumers need help to level the playing field. By Adam Benforado The $3-trillion-a-year consumer financial-services industry wants you to play a game with them, one on one.
Download this testimony as a PDF. Introduction: This testimony describes why we recommend that consumer protection for financial products and services be consolidated within a new federal Consumer Financial Protection Agency. A review of the history of consumer protection by the Federal Reserve and the