Senators Jeff Merkley (D-OR) and Carl Levin (D-MI) join with experts from Americans for Financial Reform to call for banks to get back to the basic commercial banking business of making loans to consumers and businesses instead of the ‘proprietary trading’ they do on their
June 16, 2010 To Members of the H.R. 4173 Restoring American Financial Stability Act of 2010 Conference Committee Washington, DC 20510 Re: Opposition to Loopholes Allowing Banks to Invest Taxpayer-Backed Capital in Risky Leveraged Buyout & Hedge Funds Dear Conferee: The over 250 consumer, employee,
**PRESS CONFERENCE CALL, THURSDAY, JUNE 17, 4:30 PM ET** To download press conference go to this link Washington, DC – On Thursday, June 17, at 4:30 PM, Senator Jeff Merkley (D-OR) will join with experts to call for banks to get back to the basic commercial banking
June 16, 2010 To Members of the H.R. 4173 Restoring American Financial Stability Act of 2010 Conference Committee Washington, DC 20510 Re: Support Statutory Guidelines on Bank Debt and Capital Dear Conferee: The over 250 consumer, employee, investor, community, small business and civil rights groups
June 15, 2010 Chairman Christopher Dodd Chairman Barney Frank Dear Conferee: As you proceed with these final stages of writing the financial regulatory reform bill we ask you to work for and support a conference report which includes the strongest elements of the legislation developed
June 15, 2010 Chairman Christopher Dodd Chairman Barney Frank Protect Investors from Accounting Fraud: Oppose Exemptions to Sarbanes-Oxley Dear Conferee, As the Conference Committee prepares to begin deliberations on the investor protection title of the financial regulatory reform bill, we write on behalf of Consumer
As the Conference Committee continues to meet to prepare a final financial reform bill, Americans for Financial Reform has outlined these points as their top priorities: Establishing a Consumer Financial Protection Bureau that is independent, has broad enforcement authority, and the necessary funding to protect
Nobel Prize winning economist Joseph Stiglitz writes in Politico about the upcoming Conference Committee between the House and Senate. He writes: The future of improved financial regulations depends largely on how the differences between the House and Senate bills are resolved. If the strongest provisions
Tele-press conference Monday, June 7, 2010 at 9 a.m. EDT Nobel Prize winner warns against putting the government at risk for Big Banks’ deceptive practices Elimination of the language in the Senate financial reform bill that would require big banks to separate their derivatives desks
Senator United States Senate Washington, DC 20510 Re: SUPPORT MERKLEY-LEVIN, OPPOSE BROWNBACK AMENDMENT IN ANY FORM Dear Senator, On behalf of Americans for Financial Reform (AFR), we urge you to support the Merkley-Levin Amendment to S. 3217, the Restoring American Financial Stability Act of 2010,