AFR sent the following letter to the House of Representatives today, setting the record straight on the CFPA. Download this letter as a PDF. Dear Representative: The Americans for Financial Reform coalition urges you to reject the U.S. Chamber of Commerce’s duplicitous opposition to the
NPR’s Morning Edition ran this story about the exemption for auto dealers in the Consumer Financial Protection Agency (CFPA). AFR opposes this exemption, and belives auto dealers should be overseen by the CFPA. (The CFPA would be created by H.R. 4173, the Wall Street Reform
FOR IMMEDIATE RELEASE CONTACT: Lauren Weiner, 202-470-5870 DATE: December 8, 2009 *** ADVISORY FOR WEDNESDAY, Dec. 9 *** Congressman Ellison, Small Business Owners To Voice Support For Consumer Financial Watchdog Ahead Of House Vote On Reform Package, Small Businesses Come Together To Urge Inclusion Of
U.S. House of Representatives Washington, D.C. 20515 December 8, 2009 Dear Representative, We, the nearly 200 national, state and local consumer, employee, investor, community and civil rights organizations of Americans for Financial Reform, write today to ask you to support the Consumer Financial Protection Agency
The Indianapolis Star ran this op-ed today by David Arkush and Ronetta Spalding about the need to create a strong Consumer Financial Protection Agency (CFPA). Here is an excerpt: Who’s going to bail out Hoosiers? In September 2008, Lehman Brothers collapsed in New York, sending
United States House of Representatives Washington, D.C. 20515 December 7, 2009 Dear Representative, We write to express our support for Sec. 4208 of the Consumer Financial Protection Agency (CFPA) Act, Title IV of H.R. 4173, which authorizes the CFPA to restrict or prohibit the use
The National Association of Consumer Advocates (NACA) explains why auto dealers must be covered by the Consumer Financial Protection Agency (CFPA). Download this information as a PDF. While the vehicles themselves have never been better, predatory auto sales and financing practices have never been worse.
Dana Milbank of the Washington Post published this column today, pointing out how much the nation’s bankers have to be thankful for as they sit down for Thanksgiving turkeys tomorrow. Here’s an excerpt: At this time last year, the American financial system was near collapse,
Have you ever waded through pages and pages of credit card contracts in an attempt to figure out what your interest rate will be? Have you overdrawn your account by a few cents, only to get slammed with a disproportionate fee? Would you be upset
According to TIME Magazine, the CFPA is the 19th best invention of 2009. Although it’s not yet reality, and it was conceived well before 2009, at AFR we appreciate the point. Read more here – and cast your vote on TIME’s sliding scale about how