Americans for Financial Reform Education Fund submitted a comment letter to the Financial Accounting Standards Board (FASB) in support of its proposal to require public companies to disaggregate certain costs from expense captions, with a focus on the disaggregation of employee compensation costs. AFREF made a series of recommendations to improve these disclosures, including recommendations […]
View or download a PDF of the letter here. AFR and other coalition members signed onto a letter supporting Tanya Otsuka to Serve on the National Credit Union Administration (NCUA) Board. Ms. Otsuka has dedicated her career to creating a more stable and equitable financial The post Letters to Congress: Letter in Support of Tanya […]
Jake Bittle and The Great Displacement: a Conversation about Housing Displacement and Climate Change On September 26, 2023 Americans for Financial Reform Education Fund hosted Jake Bittle, author of “The Great Displacement: Climate Change and the Next American Migration” along with housing experts and community The post Events: Jake Bittle and The Great Displacement: a […]
AFREF submitted a comment supporting the Federal Trade Commission’s proposed rule to require complex companies including private equity firms to disclose more information about their holdings and business lines when pursuing mergers and acquisitions. The post Letters to the Regulators: Letter in Support of the FTC’s Proposed Rulemaking for Premerger Notification, Reporting, and Waiting Period […]
AFREF and the National Housing Law Project submitted a comment to the FHFA in support of their proposed revisions to the Suspended Counterparty Program. The post Letters to the Regulators: Letter in Support of Proposed Revisions to the Suspended Counterparty Program appeared first on Americans for Financial Reform.
Americans for Financial Reform Education Fund sent a letter commending the Federal Trade Commission and Department of Justice for developing a robust, accessible update to the merger guidelines The post Letters to the Regulators: Letter in Support of Proposed Merger Guideline appeared first on Americans for Financial Reform.
Americans for Financial Reform sent a letter to the House Financial Services Committee and the Senate Banking Committee supporting the Credit Card Competition Act of 2023. The Credit Card Competition Act will introduce much needed competition in a captured market and benefit consumers. The post Letters to Congress: Letter in Support of the Credit Card […]
Increased capital requirements in the Fed, FDIC, and OCC’s Large Bank proposal strengthen the banks’ ability to withstand stresses that would otherwise imperil their financial viability and hurt depositors, customers and the economy. Robust capital levels prevent financial crises that have vastly disproportionate impacts on Black, LatinX and other underserved communities. AFR strongly urged the […]
AFR sent a letter in opposition to four legislative proposals that the House Committee on Education and the Workforce is scheduled to consider at its September 14th Full Committee Markup. These bills’ amendments to the Employee Retirement Income Security Act (ERISA) would undermine workers’ retirement security and are part of a broader political campaign against […]
AFREF submitted comment letters to the Financial Stability Oversight Council (FSOC) on two proposals that would strengthen its toolbox for addressing threats to financial stability, including those related to climate change, and make it easier to designate nonbank companies like asset managers and insurance companies as systemically important institutions that need enhanced regulation by the […]