Banking & Credit

CFA and 166 Organizations Oppose Financial Policy Riders

Over a decade of financial deregulation and out-of-control compensation that incentivized excessive, short-term risk-taking led to the economic meltdown of 2008. Despite the taxpayers picking up the tab for Wall Street’s recovery, everyday Americans are still recovering from the effects of crisis. But since 2008, reforms have been put in place that have begun to protect consumers and reduce the risk of another catastrophe. As such, CFA opposes any funding bill that includes provisions rolling back or undermining financial reform.