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Purpose

The Federal Reserve took bold action to rebuild and capitalize Wall Street, but those on Main Street have yet to see any real relief from the financial crisis.

In a meeting with community leaders in March 2009, Federal Reserve Chairman Ben Bernanke and three other governors from the Federal  Reserve Board agreed to a series of community meetings to be held across the country in ten cities. These meetings are meant to give a voice to Americans who have been hardest hit by the financial crisis.

Ordinary Americans will have their voices heard and ask the Federal Reserve and other public officials to take action and enforce a new set of rules for the financial industry. Community members will show, block by block, the impact of the foreclosure crisis and attest to how vital it is for our communities to have access to safe and affordable credit. In addition to common-sense financial regulation reform, the meetings will address how to rebuild communities devastated by the foreclosure crisis.

The Federal Reserve has taken bold action for Wall Street—it is time to do the same for everyday Americans. Working with the Federal Reserve, we hope to expand reporting from the financial industry to achieve an open, fair and transparent marketplace and to put forward solutions to make fair and quality credit available to our communities.

Meetings with the Federal Reserve were won through our Save the American Dream campaign. Campaign updates can be found on our Save the American Dream blog.

Meeting dates
 

Community meetings with the Federal Reserve are being coordinated in partnership between National People’s Action and the PICO National Network. National People’s Action and National Training and Information Center are proud members of the national coalition Americans for Financial Reform for real reform in our banking and financial system for all Americans.