The Americans for Financial Reform Education Fund views the current state of the stablecoin market as a danger to consumers and to financial stability, and we are disappointed that the President’s Working Group (PWG) has focused on Congressional action as the central path for responding to these challenges. The post Statement: AFR Statement on President’s […]
AFREF joined a comment letter in response to the OCC’s proposal to rescind its 2020 rule regarding the Community Reinvestment Act regulations. The letter urges the OCC to rescind the final rule as quickly as possible. The post Letters to Regulators: Letter Urging the OCC to Rescind its 2020 Rule Regarding the CRA appeared first […]
AFREF joined over 100 other groups in sending a letter urging President Biden to cancel student debt. The post Letters to the Administration: Over 100 Groups Urge President Biden to Cancel Student Debt appeared first on Americans for Financial Reform.
AFREF joined a letter urging Ambassador Susan Rice to place a high priority on ensuring data-driven technologies, including algorithmic decision making, artificial intelligence, and machine learning increasingly used to make important decisions about people’s lives, protect civil rights, prevent unlawful discrimination, and advance equal opportunity. The post Letters to the Administration: Letter Urging Ambassador Susan […]
AFREF joined a letter to FHFA in response to the enterprise equitable housing finance plans request for input. The post Letters to Regulators: Letter to FHFA in Response to Equitable Housing Finance Plans RFI appeared first on Americans for Financial Reform.
Following reports that Facebook is scaling up its cryptocurrency efforts with the launch of a pilot of its cryptocurrency wallet “Novi”, Demand Progress Education Fund and Americans for Financial Reform Education Fund released the following joint statement. The post News Release: Statement on Facebook’s Scaling of Cryptocurrency Efforts appeared first on Americans for Financial Reform.
AFREF submitted a letter to the Treasury today raising concerns that the President’s Working Group is considering recommending Congress create special bank charters to regulate stablecoins. We instead believe the President’s Working Group should clarify the existing authorities that each of the regulatory agencies have and call on those agencies to exercise their authorities now. […]
AFREF joined a letter to CFPB Director Rohit Chopra urging for pre-foreclosure protections in 2022 due to the on-going Covid-19 pandemic. The post Letters to Regulators: Letter to CFPB Director Rohit Chopra on the Need for Pre-Foreclosure Protections in 2022 appeared first on Americans for Financial Reform.
Americans for Financial Reform Education Fund (AFREF) applauds the Labor Department for issuing this proposal to better allow and encourage retirement plans and pensions to consider sustainability factors like workers’ rights, racial justice, corporate governance, and climate change when investing. The post News Release: Labor Department: Retirement Plans and Pensions Right To Consider Sustainability, Jobs, […]
AFREF joined a letter to CFPB Director Rohit Chopra expressing concerns about the treatment of earned wage access products. The post Letters to Regulators: Letter to CFPB Expressing Concerns About the Treatment of Earned Wage Access Products appeared first on Americans for Financial Reform.