National CAPACD Urges Swift Confirmation of Richard Cordray to Lead the Consumer Financial Protection Bureau
On Thursday, January 24th, President Obama nominated Richard Cordray to continue serving as Director of the Consumer Financial Protection Bureau (CFPB). The National Coalition for Asian Pacific American Community Development (National CAPACD) supports the President’s nomination and encourages the Senate to swiftly confirm Mr. Cordray so that the CFPB can continue its important work protecting American consumers.
Asian Americans Largely Ignored by Both Parties, Voted for Obama by Huge Margin
Washington, DC—Asian Americans voted for President Barack Obama in enormous numbers this election, according to the Asian American Election Eve Poll, a joint project of the National Coalition for Asian Pacific American Community Development (National CAPACD) and Asian American Legal Defense and Education Fund (AALDEF). While only 41% identify as Democrats, Asian American voters broke for Barack Obama by a huge margin, with 72% voting for the President and 26% for Mitt Romney. In Congressional races, 73% of Asian American voters backed Democratic candidates, while 27% backed Republicans.
National CAPACD found that an incredible 51% of Asian American voters were not asked by any campaign, political party or community organization to vote or to register to vote.
ASIAN AMERICAN ELECTION EVE POLL SHOWS ASIAN AMERICAN ELECTORATE LARGELY IGNORED, BUT MAJOR FACTOR IN KEY RACES
Washington, DC—While the majority of Asian Americans were not asked by any campaign, political party or community organization to vote or to register to vote, their party affiliation is split — and their votes were largely up for grabs this cycle, a new poll shows.
ASIAN AMERICAN AND PACIFIC ISLANDER COMMUNITIES FOCUS ON TURNING OUT THE VOTE
Final GOTV Weekend before November 6
Washington, DC — The National Coalition for Asian Pacific American Community Development (National CAPACD) is working with local communities throughout the U.S. on the final GOTV weekend before November 6. In critical races from coast to coast, Asian Americans and Pacific Islanders will be making their voices heard and could be the deciding votes this Election Day.
NATIONAL CAPACD MOBILIZING KEY ASIAN AMERICAN AND PACIFIC ISLANDER VOTING BLOC Civic Engagement Project Boosting Turnout Among Fastest Growing US Demographic
Washington, DC — National CAPACD is boosting voter turnout among Asian Americans, Native Hawaiians and Pacific Islanders through a groundbreaking Civic Engagement project across 14 states this election season.
NATIONAL CAPACD AND PARTNERS DELIVER MORE THAN 35,000 SIGNATURES TO PRESIDENTIAL CANDIDATES DEMANDING PLANS TO RESOLVE THE HOUSING CRISIS
BOSTON, MA and CHICAGO, IL -- On Tuesday, October 16, National Coalition for Asian Pacific American Community Development (National CAPACD) and several of its local members in Boston and Chicago joined other partners of the Home for Good Campaign to deliver more than 35,000 signed postcards from voters across the country to the campaign headquarters of both President Obama and Governor Romney, to demand that they provide a plan to end the housing crisis and protect the dream of homeownership for all Americans.
STATE ATTORNEYS GENERAL & OBAMA ADMINISTRATION REACH SETTLEMENT WITH 5 LARGEST BANKS
Last week, a coalition of state attorneys general and the Obama administration announced a $25 billion settlement with five of the largest banks – Bank of America, JPMorgan Chase, Wells Fargo, Citigroup, and Ally Financial – that addresses robo-signing and mortgage servicing abuses that contributed to the foreclosure crisis.
CIVIL RIGHTS ORGANIZATIONS HAIL OBAMA ADMINISTRATION’S CREATION OF FINANCIAL CRIMES TASK FORCE AND STEPS TO HELP HOMEOWNERS
Washington, D.C.—Earlier today, the Obama administration fulfilled a promise made during the State of the Union address, announcing the creation of a new financial crimes task force to investigate those responsible for misconduct contributing to the financial crisis. NCLR (National Council of La Raza), NAACP, National CAPACD (National Coalition for Asian Pacific American Community Development), and the National Urban League (NUL) applaud the administration for taking a strong stand in the name of banking accountability.
Washington, D.C. - Today, in a 53-45 vote, the Senate failed to confirm Richard Cordray as Director of the Consumer Financial Protection Bureau (CFPB).
“A fully functioning CFPB is critical to protecting consumers from predatory financial practices,” said Lisa Hasegawa, Executive Director for National CAPACD. “Not confirming Richard Cordray to lead the agency means that low-income families, students and older adults will not have the full protections that we fought for in the Dodd-Frank Wall Street Reform and Consumer Protection Act.”