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Woodstock Institute joins AG Lisa Madigan in support of a robust Consumer Financial Protection Agency

Woodstock Institute President Dory Rand stands alongside Illinois Attorney General Lisa Madigan in support of a CFPA that allows state regulators to enforce state consumer protection laws.

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IL Attorney General Lisa Madigan Leads Roundtable Discussion on Consumer Financial Protection Reform

Illinois Attorney General Lisa Madigan moderated a community roundtable in Aurora to discuss struggles with predatory lenders, consumer credit malfeasance and the fallout from the economic crisis.

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March 10, 2010

Financial reform is at a critical juncture in Washington. The House has already passed a bill to create a strong and independent Consumer Financial Protection Agency (CFPA) to put consumers’ interests over those of Wall Street and crack down on the risky lending that spurred the financial crisis. However, Senate Banking Committee Chairman Chris Dodd (D-CT) continues to compromise the agency’s independence in the interest of bipartisan support.





March 03, 2010

So many of us—families and businesses—are struggling to pay our bills during these difficult times.





March 02, 2010

While talks over financial reform legislation continue in the Senate, the financial industry is stepping up their attacks against attempts to create a more just financial system that would encourage investment in communities, allow small businesses to grow and flourish, and put consumers' interests as a top priority.





February 12, 2010

Momentum continues to build in Washington around expanding small business access to sustainable credit, despite the postponement of the hearing to consider the state of small business lending in local markets in the House Small Business and Financial Services Committees. Keeping credit flowing to small businesses is critical, especially in times of recession and high unemployment. Small businesses are engines for job creation, creating roughly 80 percent of new jobs and employing over half of private sector employees. Ensuring that small businesses are equipped to grow through productive, sustainable credit and create new jobs will be a vital component of economic recovery.





January 14, 2010

With Senator Dodd’s announcement on January 6 that he will retire after this year and the likelihood that his successor as Senate Banking Committee chair will be less pro-consumer, there is an even greater urgency to complete work on financial reform proposals pending in Congress.  We cannot afford to lose momentum towards creating a more just financial system that protects consumers, communities, and the financial system from another near collapse, bailout, and recession.





January 08, 2010

As the fight for financial reform heats up, a diverse coalition of organizations are raising their voices in support of a strong Consumer Financial Protection Agency (CFPA). It’s a reminder that predatory lending and abusive financial practices hurt Americans from all walks of life—and that the stakes are too high to let industry lobbyists convince our lawmakers otherwise.







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Fair Lending Topics
Mortgage Lending and Foreclosures
Consumer Lending Reform
Small Business Lending
Wealth Creation Topics
Access to Banking Services
Access to Credit Unions
Community Development Financial Institutions
Retirement Security
Regulatory Reform Topics
Global Reinvestment Policies
Federal Banking Regulatory Reform
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