ICCR’s financial services group has been in dialogue with the nation’s largest banks, regulatory agencies and financial policy experts for four decades calling for greater access to affordable credit for low-income communities and proper risk oversight systems to help stabilize global financial markets and mitigate against future financial crises.
Featured ICCR Initiatives
Payday lending/direct deposit advances. We are encouraging banks to come up with better, safer products that help people access affordable credit that won’t trap them in long-term debt.
Current engagements will focus on risk management protocols as well as curbing excessive executive compensation, calling for independent board/chair and curtailing lobbying and political spending that attempts to undermine implementation of Dodd Frank regulations.