Defending Wall Street Reform
The Dodd-Frank Wall Street Reform and Consumer Protection Act, passed in July 2010, represents a significant step toward reining in the big banks and stabilizing the U.S. economy. Nevertheless, Wall Street and its allies in to try to halt the law’s implementation. As federal regulators write the rules the financial industry will be required to follow, the financial industry is lobbying those regulators for loopholes and exemptions. Meanwhile, lawmakers operating under Wall Street’s influence are trying to cut funding for agencies that police the financial sector and repeal consumer protections.
Public Citizen is advocating for full implementation of Dodd-Frank and urging lawmakers to take the next steps toward stabilizing our financial system.
Resources on Defending Wall Street Reform
- Press Release: Score One for Wall Street: Court Strikes Down Dodd-Frank Rule on Oil Speculation Limits, September 28, 2012
- Report: Delayed and Diluted: At Anniversary, Dodd-Frank Reforms Remain Unfulfilled Due to Industry Obstruction, July 20, 2012
- Press Release: Report: On Dodd-Frank Anniversary, Regulators Implementing Wall Street Reform Miss 79 Percent of Deadlines for Rules to Safeguard Americans from Financial Harm, July 20, 2012
- Press Release: Legal Immunity for Mortgage Lenders Would Undermine Efforts to Combat Abusive Practices, July 17, 2012
- Press Release: Barclays Penalty Demonstrates Need for Stronger Reforms, Full Funding for Wall Street Police, June 27, 2012
- Press Release: CFPB Public Credit Card Complaint Database Constitutes Modest Advance, June 19, 2012
- Report: Forgotten Lessons of Deregulation: Rolling Back Dodd-Frank’s Derivatives Rules Would Repeat a Mistake that Led to the Financial Crisis, May 14, 2012
- Press Release: Report: Rolling Back Dodd-Frank’s Derivatives Rules Would Ignore History’s Lessons, May 14, 2012
- Press Release: Got a Credit Card or Bank Account? Scrutiny of Forced Arbitration Is Good News, April 24, 2012
- Report: Industry's Messengers: Congressional Recipients of Contributions from the Financial Services Sector Swamp Agencies With Requests To Weaken the Volcker Rule, March 27, 2012
- Press Release: Report: Lawmakers Seeking to Weaken Volcker Rule Receive More Than Four Times as Much From Industry as Those Asking for Stronger Measure, March 27, 2012
- Press Release: Goldman Sachs Revelation Underscores Need for Expedited Volcker Rule; Stress Test Results Should Bar Dividends, March 14, 2012
- Press Release: SEC Must Heed Congressional Appeal for Regulatory Reform on CEO Pay, March 8, 2012
- Press Release: Public Citizen Salutes Barney Frank Upon Announced Retirement, November 28, 2011
- Press Release: Commodity Futures Trading Commission’s Compromise Gives Wall Street Too Much Leeway, October 18, 2011
- Press Release: Regulators Ignore Intent of Volcker Rule’s Promise to Reshape Wall Street, October 11, 2011
- Press Release: Senate Republicans Must Cease Political Extortion, Stop Using Confirmation Process to Gut Consumer Banking Protection, October 6, 2011
- Press Release: Proposed Loopholes in Wall Street Reform Law Would Invite Dangerous Risk-Taking, September 19, 2011
- Report: Just Not Us: Wall Street’s “Two Cents” on Pay Rule: Self-Preservation, Not Principle, July 21, 2011
- Press Release: Report: Wall Street Tries to Opt Out of Dodd-Frank Pay Rule, July 21, 2011
- Report: Industry Repeats Itself: The Financial Reform Fight, July 12, 2011
- Press Release: Report: Wall Street’s Opposition to Dodd-Frank Reforms Echoes Its Resistance to New Deal Financial Safeguards, July 12, 2011
- Press Release: Public Citizen Critiques Federal Reserve Surrender To Bank Lobbyists, June 29, 2011
- Press Release: Congressional Attack on Dodd-Frank Wall Street Reform Act Backfires, June 16, 2011
- Press Release: Public Citizen Applauds Senate Vote Protecting Americans From Stealth Swipe Fees, June 8, 2011
- Comments on Executive Compensation and Systemic Risk (PDF), May 31, 2011
- Report: Wall Street's Two Cents: Industry’s Opposition to a Modest Pay Disclosure Rule, April 12, 2011
- Press
Release: Corporate Interests Give More Than Their Two Cents in
Financial Reform Implementation, New Public Citizen Report Says, April 12, 2011
- Press Release: GOP’s Attempts To Gut Dodd-Frank Bill: A Nod to Wall Street, March 16, 2011
- Press Release: House GOP Cuts at SEC and CFTC Promise Renewed Financial Crisis, February 11, 2011
- Press Release: New GOP House Majority Must Not Cripple Financial Regulation Reform, November 4, 2011
- Report: Wall Street Receipts: Pro-TARP, Anti-Reform Legislators Outpace Colleagues in Financial Services Contributions (PDF), September 24, 2010
- Press Release: Voting Record of Wall Street’s Favorites Shows Continuing Link Between Votes, Special Interest Cash, September 24, 2010
- Press Release: Congress Passes Financial Reform, Consumer Protections; Much More Must Be Done to Rein in Wall Street, July 15, 2010
- Press Release: Public Citizen Applauds House of Representatives for Passing Wall Street Reform, Urges Senate to Follow Suit, July 1, 2010
- Report:
Courting the New Dems: Democrats Seeking to Weaken Financial Reform
Bill Have Received Far More Industry Campaign Contributions (PDF), June 21, 2010
- Press Release: Democrats Seeking to Weaken Financial Reform Bill Have Received Far More Industry Campaign Contributions, June 21, 2010
- Report:
Conference Klatch: The 43 House and Senate Members Negotiating Final
Wall Street Reform Legislation Will Be Lobbied by 56 of Their Former
Staffers (PDF), June 11, 2010
- Press Release: Congress Should Take Rep. Frank’s Lead, Make Transparency the Rule, Not Exception, June 10, 2010
- Press Release: Financial Reform Conference Committee Offers Industry Lobbyists Chance to Reunite With Former Bosses, June 11, 2010
- Press Release: Senate Must Strengthen Financial Reform, Bust Up Big Banks, April 22, 2010
- Press Release: Congress Must Strengthen Financial Reform Bill if It Hopes to Rein in Wall Street, April 20, 2010
- Press Release: Wall Street Reform Must Protect Military, Civilians From Auto Dealer Financing Fraud, March 22, 2010
More Resources on the Dodd-Frank Act