Financial Reform

News Release | Arizona PIRG Education Fund | Financial Reform

Professor Elizabeth Warren and New Consumer Bureau Launch Website – ConsumerFinance.gov

The new Consumer Financial Protection Bureau (CFPB) has something new for American consumers. ConsumerFinance.gov is a government website that actually says ‘come on in and talk with us’ instead of one that says ‘go away, we cannot help.’

Report | Arizona PIRG | Financial Reform

Halfway to the CFPB

Consumer Financial Protection Bureau (CFPB) Implementation Team staff are making significant progress in their efforts to both build an effective agency and be ready to perform required functions by the transfer date (July 21, 2011).   Based on our analysis of several key metrics, on the date halfway between passage and startup, the CFPB Implementation Team is properly focusing on key goals and outcomes.  Moreover, the high-quality of its early hires will give it the CFPB the ability to significantly broaden and accelerate its activities over the next six months.

News Release | Arizona PIRG | Financial Reform

Consumer Financial Protection Bureau on Track

Six months after Wall Street reform legislation creating the new Consumer Financial Protection Bureau (CFPB) was signed, a leading coalition released Halfway to the CFPB: An AFR Progress Report on “Standing Up” the New Consumer Financial Protection Bureau.

News Release | Arizona PIRG | Financial Reform

Landmark Consumer Protections in Wall Street Reform Package Approved In U.S. Senate-House Conference Committee

Responding to the worst financial crisis since the Great Depression, a U.S. Senate-House conference committee today approved strong legislation to rein in Wall Street and protect consumers, investors and taxpayers from further financial meltdowns. The legislation is expected to be approved and sent to the President in the very near future.

News Release | Arizona PIRG | Financial Reform

U.S. Senate Takes Historic Step Toward Reining in Wall Street

The U.S. Senate's passage of the Restoring American Financial Stability Act tonight was long over-due and sets the stage for final passage of historic reform. While the bill is not perfect, it includes strong measures to rein in Wall Street’s casino bets, regulate the shadow derivatives markets, protect consumers and prevent future economic meltdowns.

News Release | Arizona PIRG | Financial Reform

U.S. Senate Votes Down Broad Attack on State Enforcement of Wall Street Reforms

This afternoon, the U.S. Senate voted down a broad crippling amendment to the Wall Street Reform bill.  The amendment would have given the federal government sweeping ability to preempt or override states’ capacity to protect their own residents from dangerous and deceptive practices of banks and other financial institutions, while taking state Attorneys General off the corporate crime beat. 

News Release | Arizona PIRG | Financial Reform

Chairman Dodd’s Moves Wall Street and Consumer Protection Reform Legislation

Arizona PIRG applauds Chairman Dodd of the U.S. Senate Banking Committee for moving forward towards passage of legislation to protect American consumers and increase the stability of the economy. We expect that Wall Street bankers who wrecked havoc on the economy and were then bailed out by the taxpayers will continue to try to delay or kill this reform designed to protect people on Main Street.

News Release | Arizona PIRG | Financial Reform

U.S. House Stands With Consumers Against Big Banks

The new financial reform legislation passed by the U.S. House of Representatives on Friday is an important step towards protecting consumers and taxpayers from reckless financial practices, according to the Arizona Public Interest Research Group (Arizona PIRG).

News Release | Arizona PIRG | Financial Reform

CONSUMER ADVOCATES TO FED: STOP EVASIONS BY CREDIT CARD COMPANIES

Advocates from state and national consumer groups today urged the Federal Reserve Board to close loopholes in its proposed rules to prohibit credit card companies from using new tricks and traps to get around the protections of the Credit Card Accountability, Responsibility, and Disclosures Act (Credit CARD Act).

News Release | Arizona PIRG | Financial Reform

Arizona PIRG Applauds U.S. House Committee Vote to Advance Landmark Consumer Agency to Replace System that Failed

Today, the U.S. House Financial Services Committee approved landmark reform legislation establishing a proposed Consumer Financial Protection Agency (CFPA), despite attacks from industry opponents. Although several exceptions to the agency’s coverage must still be addressed on the House floor or in the Senate, overall, according to the Arizona Public Interest Research Group (Arizona PIRG), the CFPA bill as passed creates an independent agency with broad authority to protect consumers in the financial marketplace.

Pages

Subscribe to RSS - Financial Reform

Defend the CFPB

Tell your senators to oppose the “Financial CHOICE Act,” which would gut Wall Street reforms and destroy the Consumer Financial Protection Bureau as we know it.

support us

Your donation supports Arizona PIRG's work to stand up for consumers on the issues that matter, especially when powerful interests are blocking progress.

CONSUMER ALERTS

Join our network and stay up to date on our campaigns, get important consumer updates and take action on critical issues.
Optional Member Code