FOR IMMEDIATE RELEASE May 6, 2011 CONTACT: John Carey at 202-466-1854 john@ourfinancialsecurity.org AFR Statement on Efforts to Block Any CFPB Nominee Washington, DC – Americans for Financial Reform, a coalition of more than 250 national and state organizations working together for strong Wall Street reform,
FOR IMMEDIATE RELEASE May 4, 2011 CONTACT: John Carey 202-466-1854 john@ourfinancialsecurity.org Consumers Demand a Strong Consumer Financial Protection Bureau Efforts to Handcuff the CFPB in House Subcommittee are Wrong Washington, DC – Today, a House Financial Services subcommittee is considering two pieces of legislation that
FOR IMMEDIATE RELEASE April 29, 2010 CONTACT: John Carey 202-466-1854 John@ourfinancialsecurity.org AFR Statement on Secretary Geithner’s Decision to Exempt Foreign Exchange Swaps from Regulation and Oversight Washington, DC – Americans for Financial Reform, a coalition of more than 250 national and state organizations working together
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This continuing resolution does not give the Commodity Futures Trading Commission and the Securities and Exchange Commission all of the resources they need, but we are very pleased that the President and Congress fought to keep Wall Street reform on track and resisted efforts to starve them of the funds necessary to police the rules of the financial market.
The American public wants and needs an effective Consumer Bureau to prevent rip-off financial products laden with tricks, traps, and hidden fees. Abusive financial products take tens of billions of dollars a year out of our pockets, sending them to feed the inflated bonuses of a handful of Wall Street CEOs.
FOR IMMEDIATE RELEASE DATE: March 30, 2011 CONTACT: John Carey at 202-466-1854 john@ourfinancialsecurity.org AFR Statement on House Financial Services subcommittee hearing Washington, DC – Americans for Financial Reform, a coalition of more than 250 national and state organizations working together for strong financial reform, issued
The big Wall Street banks and their allies in Congress and in the media have launched an all out attack on the fledgling Consumer Financial Protection Bureau (CFPB). This new Consumer Bureau will be the first banking regulator with the sole job of standing up for consumers in the financial market place, starting on July 21, 2011.
As the country’s largest financial institutions spend hundreds of thousands of dollars trying to beat back debit card swipe fee reforms, Senator Durbin and a group of dedicated consumer advocates and small business owners will hold a press call TODAY at 2:15pm EST in order to highlight the broad support for the reforms.
Washington, DC – Americans for Financial Reform (AFR), a coalition of more than 250 national and state organizations working together for strong financial reform, issued the following statement: Damon Silvers, Policy Director and Special Counsel at the AFL-CIO testified today on behalf of AFR, AFL-CIO