AFR in the News: “Sideways Attack” on Dodd-Frank
St. Louis Post-Dispatch warns of a “truly awful piece of legislation” that could “sneak through the 112th Congress before it adjourns at year’s end,”
St. Louis Post-Dispatch warns of a “truly awful piece of legislation” that could “sneak through the 112th Congress before it adjourns at year’s end,”
“Americans blame banks for the 2008 financial crisis, and view financial reform as a way to ensure that bad mortgages and repackaged debt don’t trigger another banking collapse.” That’s one of the clear the lessons of the 2012 elections – and a big problem for
Senators Jeff Merkley (D-Ore.) and Carl Levin (D-Mich.) have appealed to regulators to finish work on the Volcker Rule, which was meant to prevent banks from engaging in hedge-fund style trading. That basic principle has been “the law of the land for over two years,”
The Dodd-Frank Act sought to protect municipalities and taxpayers against exploitative Wall Street financing deals. Now there are moves afoot to take back some of that promised protection.
Read our comment letter to the OCC here.
Read our letter here.
FOR IMMEDIATE RELEASE DATE: January 27, 2011 CONTACT: John Carey at 202-466-1854 john@ourfinancialsecurity.org AFR STATEMENT ON FINANCIAL CRISIS INQUIRY COMMISSION REPORT Washington, DC – Americans for Financial Reform (AFR), the diverse coalition that fought for passage of Wall Street reform last summer, released the following
The St. Petersburg Times ran this insightful editorial about the Wall Street Reform and Consumer Protection Act of 2009. Here’s an excerpt: It is hard to imagine the disconnect among some in Washington and on Wall Street. Last Friday, House Republicans voted in lockstep against
Business Week ran this article about the exemption car dealerships received in the Wall Street Reform and Consumer Protection Act passed by the House. AFR opposed this exemption, as you can read about in our letter to Congress here (PDF). Here’s an excerpt from the
The LA Times ran this article about the Consumer Financial Protection Agency. Here’s an excerpt: [W]hen the House passed the massive Wall Street Reform and Consumer Protection Act on Dec. 11, Congress took the first step toward creating a national watchdog for home buyers and