Equifax Archives - Page 2 of 2 - Americans for Financial Reform

AFR in the News: ‘Monopoly man’ sits behind Equifax CEO at Senate hearing (Fox News)

“A person dressed as the Monopoly Man (aka ‘Uncle Pennybags’) landed some prime real estate at a Senate banking committee hearing, seated behind Equifax CEO Richard Smith in a live-action photobombing… Amanda Werner [of Americans for Financial Reform and Public Citizen] walked into the committee hearing with a giant ‘Get Out Of Jail Free’ card for Equifax and Wells Fargo, with the statement ‘forced arbitration lets financial institutions escape accountability for wrongdoing.’”

AFR in the News: How Monopoly Man Won the Internet (NPR)

“Monopoly Man became the Internet crush of the day on Wednesday, after upstaging former Equifax CEO Richard Smith at a Senate hearing on the company’s massive data breach. The board game character, whose name is Rich Uncle Pennybags, was brought to life by Amanda Werner, an arbitration campaign manager for Public Citizen and Americans for Financial Reform, groups that advocate for consumer rights and protections.”

AFR Statement: “Monopoly Man” Highlights Equifax, Wells Fargo Use of Forced Arbitration

Americans for Financial Reform and Public Citizen are defending limits on forced arbitration from congressional attack with a delivery all 100 U.S. Senate offices: a mock “Get-Out-of-Jail-Free” card for the banks inspired by the board game Monopoly. An activist dressed as the billionaire Monopoly Man led the delivery.

AFR Statement: Equifax Data Breach Underscores Need to Curb Forced Arbitration

Congress should preserve CFPB’s rule curbing forced arbitration and abandon attempts to lighten regulation of credit bureaus in the wake of massive data breach at Equifax.