Americans for Financial Reform

What Makes You Madder: JPMorgan's Recklessness or the Fed's Cluelessness?

Jane White | Posted 05.16.2012

Read More: JP Morgan Chase, Federal Reserve, Americans for Financial Reform, Ben Bernanke, New Democrat Coalition, Dodd-Frank, Volcker Rule, Derivatives, Wall Street, Jpmorgan, Banking, JPMorgan Chase, Banks, Bankers, JP Morgan, Business News
Jane White

We not only need to rein the banks in but we've got to delegate the responsibility for measuring household wealth -- and hopefully come up with ways to boost it -- to an agency that's more in touch with "the 99%."

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CFTC's Message to Municipalities: Caveat Emptor

Barbara Roper | Posted 03.27.2012

Read More: Dodd-Frank Act, Americans for Financial Reform, Sec, Consumer Federation of America, Securities and Exchange Commission, Commodity Futures Trading Commission, Derivatives, Cftc, Swaps, Business News
Barbara Roper

In a little noticed vote, the Commodity Futures Trading Commission reversed course last week on a rule that had the potential to save cities and school districts across the country billions in excess costs on the swaps they purchase to hedge their interest rate and other risks.

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President's Recess Appointment of Cordray Gives Watchdog Teeth It Needs

Ed Mierzwinski | Posted 03.09.2012

Read More: Americans for Financial Reform, Predatory Lending, Consumer Financial Protection Bureau, Wall Street Reform, Rich Cordray, Payday Loans, Cfpb, U.S. PIRG, Student Loans, Consumer Protection, Business News
Ed Mierzwinski

Kudos to President Obama for standing up for consumers this week by making a recess appointment of Richard Cordray to head the new Consumer Financial Protection Bureau.

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Bank Reform Groups Celebrate Final Passage

Mary Bottari | Posted 05.25.2011

Read More: Financial Crisis, Americans for Financial Reform, Wall Street Crisis, Obama Financial Reform, Wall Street, Financial Reform, Politics News
Mary Bottari

After a classic David and Goliath showdown between Wall Street might and a small band of reformers, a 2,000 page Wall Street reform bill passed the U....

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V-I-C-T-O-R-Y !!!

Heather Booth | Posted 05.25.2011

Read More: Wall Street Reform, Americans for Financial Reform, Heather Booth, Financial Reform, Politics News
Heather Booth

Nearly two years after the reckless behavior of the Big Banks took our economy to the edge of the abyss and cost 8 million Americans their jobs, Congr...

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Big Victory in the House, but Big Fight Remains

Heather Booth | Posted 05.25.2011

Read More: Wall Street Reform, Finreg, Americans for Financial Reform, Wall Street, Financial Reform, Financial Crisis, House Financial Regulation, Politics News
Heather Booth

We are close to winning passage of reforms that will keep billions of dollars in consumer's pockets and begin the reversal of decades of deregulation. We can't lose momentum now.

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When the public is watching, the Senate is forced to side with Main Street over Wall Street

Heather Booth | Posted 05.25.2011

Read More: Heather Booth, Americans for Financial Reform, Senate, Politics News
Heather Booth

Yesterday, after blocking three votes, Republicans relented, and allowed public debate and amendments to proceed to the full Senate on Wall Street ref...

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Showdown on Wall Street and K Street

Peter Dreier | Posted 05.25.2011

Read More: George Goehl, JP Morgan/Chase, Heather Booth, Citigroup, Gerald Taylor, Bank Reform, Stephen Lerner, Lloyd Blanfein, Wells Fargo, U.S. Chamber of Commerce, Industrial Areas Foundation, Afl-Cio, John Stumpf, Financial Services Roundtable, National Peoples Action, Barack Obama, Bank of America, Goldman Sachs, Americans for Financial Reform, Acorn, Morgan Stanely, Wall Street, Consumer Financial Protection Agency, Alliance of Californians for Community Empowerment, Center for Responsible Lending, Protest, Gordon Whitman, Pico, Pew Economic Policy Group, Seiu, Richard Trumka, Politics News
Peter Dreier

Organizers believe that the recent victory on health care reform will help propel a similar movement to take on banking giants.

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Financial Reform: The Feingold Factor

TPMDC | Brian Beutler | Posted 05.25.2011

Read More: House, Russ Feingold, Congress, Americans for Financial Reform, Senate, Wall Street, Progressive Change Campaign Committee, Financial Reform, Main Street, Business News

Progressive backers of financial reform are pushing Sen. Russ Feingold (D-WI) to reconsider his protest vote against imposing tougher rules on Wall St...

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A Tax Day Protest We Can All Get Behind

Mary Bottari | Posted 05.25.2011

Read More: Bank of America, Financial Crisis, Americans for Financial Reform, JP Morgan, Bank Reform, Unions, Citigroup, Too Big to Fail, Business News
Mary Bottari

Big bankers know how to dodge taxes on their earnings and bonuses leaving middle class Americans holding the bag. The solution? It's time to take it back.

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Bankers Swarm Capitol Hill Because They Love You

Heather Booth | Posted 05.25.2011

Read More: Heather Booth, Senator Dodd, Americans for Financial Reform, Consumer Financial Protection Agency, Politics News
Heather Booth

With the bankers all over Capitol Hill advocating for these reforms, it is entirely unnecessary that anyone else do so. There is no need to find out more about the bill, or to contact your congressman.

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Arthur Delaney

Lobbyists Opposed To Derivatives Reform Outnumber Reform Lobbyists 11 To 1: Report

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011

Read More: Americans for Financial Reform, Public Citizen, Lobbying, Derivatives, Lobbyists, Derivatives Reform, Banks, Lobbyblog, Politics News

Lobbyists for the financial services industry opposed to an overhaul of the derivatives market outnumber pro-reform lobbyists 11 to one since the begi...

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Shahien Nasiripour

Major Loophole In Senate Financial Reform Bill, Derivatives Reform May Be Illusory

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Financial Crisis, The Financial Fix, Financial Reform, Financial Regulation, Wall Street Reform, Derivatives, Otc Derivatives, Derivatives Reform, Christopher Dodd, Blanche Lincoln, Americans for Financial Reform, Exclusive, Video, Business News

The pending financial reform bill in the Senate may not accomplish President Barack Obama's goal of reforming the unregulated derivatives market, pote...

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The Two Rules of Real Financial Reform

Heather Booth | Posted 05.25.2011

Read More: Americans for Financial Reform, Bailout, Consumer Financial Protection Agency, Financial Reform, Politics News
Heather Booth

The first rule of real financial reform is that you can't stop fighting for it. The second rule of real financial reform is that you CAN'T STOP fight...

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Ryan Grim

SNL 'Presidents' Reunite For Video Pushing Wall Street Reform (WATCH)

HuffingtonPost.com | Ryan Grim | Posted 05.25.2011

Read More: Jim Carrey, George Bush, Ron Howard, Darrell Hammond, Ronald Reagan, Financial Reform, Economy, George W. Bush, Will Farrell, Video, Americans for Financial Reform, Snl Presidents Video, Consumer Financial Protection Agency, Gerald Ford, Financial Crisis, Snl, Funny or Die, Dan Aykroyd, Fred Armisen, Bill Clinton, Michelle Obama, Dana Carvey, Al Jean, Saturday Night Live Presidents, Snl Presidents Reunite, Adam McKay, Snl Presidents Unite, Barack Obama, House, Financial Reform Bill, Senate, Dan Akroyd, Snl Presidents Vid, Wall Street, Chevy Chase, Jimmy Carter, Banks, Maya Rudolph, Saturday Night Live, Snl Presidents, Politics News

Will Ferrell, Fred Armisen, Chevy Chase, Dan Aykroyd, Dana Carvey and Darrell Hammond, the Saturday Night Live actors who have played every American ...

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Bipartisanship Is Not a Substitute for Real Reform

Heather Booth | Posted 05.25.2011

Read More: Cfpa, Americans for Financial Reform, Chris Dodd, Bipartisanship, Afr, Consumer Financial Protection Agency, Politics News
Heather Booth

Dodd is expected to release the financial reform bill this week. Since legislation usually doesn't get any better after it is introduced, if we are going to get a strong, independent Consumer Financial Protection Agency, we have to act now.

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The Greed Olympics: Banks and Insurers Battle for the Gold

Peter Dreier | Posted 05.25.2011

Read More: Gregory Curl, Cigna, National Retail Federation, Tom Harkin, Jamie Dimon, Angela Braly, John Stumpf, Humana, Goldman Sachs, Bank of America, Americans for Financial Reform, Center for Responsive Politics, Anthem Blue Cross, Aetna, America's Health Insurance Plans, Campaign Contributions, Lloyd Blankfein, Citigroup, American Banking Association, Health Care for America Now, Lobbying, United Health Group, U.S. Chamber of Commerce, Ina Drew, Kathleen Sebelius, Barack Obama, National Association of Wholesaler-Distributors, JP Morgan, Wall Street, National Association of Manufacturers, Peter DeFazio, Health Care Reform, Wellpoint, Harry Reid, Banking Reform, Ahip, Business News
Peter Dreier

As the Greed Olympics heats up, it is time for Americans to stop being spectators. The President and Congress shouldn't be the only ones judging the competition and handing out the medals.

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Taking it to the Streets! Time for Massive Demonstrations for Jobs and Financial Reform

Miles Mogulescu | Posted 05.25.2011

Read More: Financial Crisis, Jobs, Americans for Financial Reform, Demonstrations, Green Jobs, Financial Regulation, Financial Reform, Tax Day Tea Party, Progressive Movement, Tea Party, Politics News
Miles Mogulescu

This is a call for a mass mobilization -- a Million Person March -- to demand jobs and real financial reform.

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Shahien Nasiripour

Dodd To Push For Independent Consumer Financial Protection Agency

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011

Read More: Consumer Financial Protection Agency, Afr, Cfpa, Financial Crisis, Chris Dodd, Americans for Financial Reform, Heather Booth, Business News

This post has been updated. Please see below. The financial regulatory reform bill that emerges from a key Senate committee will likely call for an a...

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Beware Frank Luntz's Lies and Rein in the Big Banks!

Heather Booth | Posted 05.25.2011

Read More: Committee for Truth in Politics, Americans for Financial Reform, Wall Street, Frank Luntz, Big Banks, Politics News
Heather Booth

Frank Luntz, pollster to the right wing and Wall Street agenda, has written a 17-page memo on how to talk about financial reform in order to destroy it.

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Is the Senate Afraid of Ghosts?

Heather Booth | Posted 05.25.2011

Read More: Americans for Financial Reform, Wall Street, Heather Booth, Big Banks, Paul Volcker, Politics News
Heather Booth

How can these bankers justify awarding themselves bonuses that rival the budgets of some small countries? It's shocking, and more than a slap in the face to those millions of unemployed Americans.

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Obama Is Right to Fight for Real Financial Reform: Let's Organize to Hold Big Banks Accountable

Heather Booth | Posted 05.25.2011

Read More: Americans for Financial Reform, Wall Street, Sotu, Financial Reform, Move Your Money, Main Street, Barack Obama, State of the Union, Politics News
Heather Booth

Last night in his State of the Union address, President Obama reinforced his ambitious agenda to fix the economy and enact financial reform, including...

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Happy Holidays from America's Banks

Michael Winship | Posted 05.25.2011

Read More: US Economy, Citigroup, Goldman Sachs, Congress, Americans for Financial Reform, Food Stamps, Center for Responsive Politics, Banks, Barack Obama, American Bankers Association, National Assistance Corporation of America, Business News
Michael Winship

Never mind Barack Obama's Audacity of Hope. It's the audacity of the banks that takes your breath away.

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Financial Reform Round 1: Obama, Progressives vs. Wall St., Centrist Dems

Art Levine | Posted 05.25.2011

Read More: Americans for Financial Reform, Obama, Chamber of Commerce, Public Citizen, Barney Frank, Financial Reform, Politics News
Art Levine

The financial industry has already found willing Democrats and Republicans on that key House financial committee willing to help water down key elements of financial reform proposals.

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Barney Frank Says He Will Reconsider Derivatives Rules, Acknowledges 'There May Be A Problem'

boston.com | Michael Kranish | Posted 05.25.2011

Read More: Derivatives Measure, Senator Maria Cantwell, Derivatives Rules, Americans for Financial Reform, Commodities Futures Trading Commission, Derivatives Reform, Barney Frank, Derivatives Trading, Gary Gensler, Securities and Exchange Commission, Heather Booth, House Financial Services Committee, Barney Frank Legislation, Business News

WASHINGTON -- House Financial Services Committee chairman Barney Frank, under fire from some fellow Democrats and consumer groups for carving out what...

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