Letters to Regulators: Federal Insurance Office Request for Information on the Insurance Sector and Climate-Related Financial Risks

AFREF sent a letter to the Treasury’s Federal Insurance Office (FIO) on how the agency can coordinate with state insurance regulators and insurers to have the necessary data, supervisory framework, and prudential regulation in a world where climate-related losses continue to rise and pose risks to the entire financial system.  The post Letters to Regulators: […]

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Letters to Regulators: Letter to HUD on Evictions in HUD-Assisted Housing and the Interim Final Rule, Extension of Time and Required Disclosures for Nonpayment of Rent 

AFREF joined a letter urging HUD to strengthen its recent Interim Final Rule intended to prevent evictions. The post Letters to Regulators: Letter to HUD on Evictions in HUD-Assisted Housing and the Interim Final Rule, Extension of Time and Required Disclosures for Nonpayment of Rent  appeared first on Americans for Financial Reform.

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Statement: AFR Statement on President’s Working Group Report on Stablecoins

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 […]

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Letters to Regulators: Letter Urging the OCC to Rescind its 2020 Rule Regarding the CRA

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 […]

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Letters to the Administration: Letter Urging Ambassador Susan Rice to Protect Civil Rights in the Use of Data-Driven Technologies

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 […]

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News Release: Statement on Facebook’s Scaling of Cryptocurrency Efforts

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.

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Letters to Regulators: Letter to the Treasury/President’s Working Group on Stablecoin Regulation

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. […]

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