FOR IMMEDIATE RELEASE Washington, DC – Today, Tax Day, as Americans are all too aware of where their tax dollars are going, Americans for Financial Reform agrees that taxpayers should never again be on the hook for the mistakes made by the largest financial institutions. The misstatements about the
FOR IMMEDIATE RELEASE The so-called $50 billion “bailout slush fund” would force big banks to pay not taxpayers Washington, DC – Americans for Financial Reform denounces the misstatements by opponents of reform – including Senators Shelby and DeMint – that have been spreading surrounding a measure in the Senate financial
Opinion by Sen. Jon Tester Published in the Billings Gazette March 21, 2010 You’ve probably already seen the ads on TV or heard them on the radio. Out-of-state groups are shelling out millions to sway your opinion on a very important bill I’m working on
Washington, DC – Americans for Financial Reform released the following statement about the Protect our Recovery through Oversight of Proprietary Trading Act (or PROP Trading Act). Heather Booth, Executive Director, Americans for Financial Reform: “AFR strongly supports Senator Merkley and Senator Levin’s bill to rein
James Crotty, Gerald Epstein, and Iren Levina have co-authored an article regarding financial reform, the “Volcker Rule,” and the real cost of propriety trading. Here is the introduction to the article: President Obama’s endorsement of the “Volcker Rule” — a set of proposals designed to
Rhode Island’s Providence Journal just released this Editorial supporting “the Volker Rule.” It says: Wall Street should not again earn fortunes through reckless investing while loading the risks onto taxpayers. It’s time for new rules for this game, and no financial figure is better suited
Heather Booth, the Executive Director of Americans for Financial Reform, is now blogging on the Huffington Post. Click here to read her profile and subscribe to her blog. This week, she’s talking about the link between unemployment and the need for financial reform, especially given
February 1, 2010 The Honorable Christopher Dodd Chairman Senate Committee on Banking, Housing and Urban Affairs 534 Dirksen Senate Office Building Washington, D.C. 20510 Dear Senator Dodd: We are writing today to convey our strong support for comprehensive regulatory reform, and to reaffirm our view
Paul Volcker, Chairman of the president’s Economic Recovery Advisory Board and former Federal Reserve Chairman, published this op-ed in the New York Times. Here are excerpts: The phrase “too big to fail” has entered into our everyday vocabulary. It carries the implication that really large,
The New York Times published this editorial supporting President Obama’s proposal to break up the big banks. Here is an excerpt: In calling for new limits on the size and activities of big banks, President Obama has given the effort to enact serious financial regulatory