News Release: Public Interest Groups Support Bill to Address Private Equity Abuses
Over 15 major public interest groups have signed on to support the Stop Wall Street Looting Act of 2019, which was introduced today in the House and Senate.
Tag Archives: Congress
Legislation: Summary and Analysis of Stop Wall Street Looting Act
The Stop Wall Street Looting Act would curb the worst abuses of Wall Street private equity executives by making them liable for damage they cause, protecting the interests of workers, preventing looting of target companies, and improving transparency for investors.
Report: Wall Street Pumps $1.9 Billion into Political Process in 2017-18 Election Cycle
The $1.9 billion Wall Street poured into American politics includes contributions to campaign committees and leadership PACs ($922 million) and lobbying expenditures ($957 million). The money backed a massive rush of pro-industry nominees and legislation over the last two years, at a time when the biggest banks made $100 billion in profits for the first time.
New Report: Where They Stand On Financial Reform
Ten years after the financial crisis, a majority of members of the Congress that wrapped up work in 2018 voted again and again for bills pushed by the bank lobby that endanger financial stability, undermine consumer and investor protections, and enable racial discrimination in lending. The change in control of the House and a heightened awareness of the dangers posed by these actions provide an opportunity to see what changes in the 116th Congress.
News Release: Fall 2018 Congressional Voting Record on Where They Stand on Financial Reform
Ten years after the financial crisis, a majority of members of Congress have voted again and again for bills pushed by the bank lobby that are dangerous for our financial stability, undermine consumer and investor protections, and enable racial discrimination in lending. The report, entitled “Where They Stand on Financial Reform,” lays out how each lawmaker voted.
Report: Where They Stand on Financial Reform
This comprehensive guide details how members of the 115th Congress voted on bills and nominations related to financial reform.
AFR Statement: Eight Years of Dodd-Frank, Ten Years After 2008 Financial Crisis
Nearly a decade after the crisis broke, we need the public interest, not Wall Street’s narrow pursuit of maximum benefits for a tiny few to guide financial policy. But Wall Street’s money is an enormously powerful force pushing the other way.
AFR Conference: Regulating Wall Street – Ten Years Later
Ten Years after the 2008 Financial Crisis, Where Do We Stand? A conference with Sens. Sherrod Brown and Elizabeth Warren and regulators who helped respond.
AFR Statement: S. 2155 Ignores Lessons of Financial Crisis, Flouts Will of Voters
This legislation ignores the lessons of the financial crisis that cost so many Americans their jobs and homes, and pays no heed to the overwhelming majority of voters who correctly understand the need for tougher, not weaker, oversight of the financial services industry.
AFR Statement: AFR Condemns House Vote to Abandon CFPB Auto Lending Guidance
In the era of mass incarceration, racial profiling and unaccountable police brutality, every member of Congress who voted for this bill has to explain why they do not believe people of color deserve the full protection of the federal government, especially given the long documented history of racial discrimination in auto lending.