Americans for Financial Reform sent a letter opposing the bills noticed for the September 10th “Proxy Power and Proposal Abuse: Reforming Rule 14a-8 to Protect Shareholder Value” hearing and expressing concern over alarming corporate governance developments we believe the House Financial Services Committee should be focusing on instead.
On the 20th anniversary of Hurricane Katrina, AFR/AFREF’s Associate Director of Housing Policy Caroline Nagy joined a webinar, “Katrina at 20: Climate Capital, Injustice, and the Path Forward,” hosted by Manley Consulting Group, The Horizon Project, Hip Hop Caucus, and Majority Action.
AFREF submitted a comment to the Federal Reserve, Office of the Comptroller of the Currency, and the FDIC criticizing a dangerous proposal to weaken critical bank capital standards put in place after the 2008 financial crisis that would increase the likelihood and severity of a financial crisis that could imperil the entire economy.
Americans for Financial Reform joined labor and progressive advocacy groups representing millions of workers in a letter to state financial officers who oversee pension funds that hold billions of dollars in shares of Tesla, urging them to oppose excessive pay packages for Tesla CEO Elon Musk, warning it would put workers’ retirement savings at unnecessary risk and undermine corporate accountability. […]
The GENIUS Act crypto stablecoin bill enriches billionaires and Trump while posing real risks to people and the financial system, lacks any real consumer protections, and will facilitate money laundering and illicit finance. The post Factsheet: AFR Factsheet on The GENIUS Act’s Flaws and Failures appeared first on Americans for Financial Reform.
“AFR fact sheet on CLARITY Act cryptocurrency legislation that is a giveaway to crypto billionaires but poses enormous risks to the financial system and crypto investors. The legislation fails to address the administration’s crypto corruption, weakens oversight of cryptocurrency, undermines state regulators, promotes regulatory evasion, and fails to protect consumers, investors, and financial markets.” The […]
AFREF joined Public Citizen and other groups in a letter to the Securities and Exchange Commission in defense of executive compensation disclosures. The post Letters to the Regulators: Letter to the SEC in Defense of Executive Compensation Disclosure appeared first on Americans for Financial Reform.
AFR sent a letter urging the U.S. Senate to make Wall Street and private equity firms pay their fair share. The budget bill includes massive tax cuts for the ultra-wealthy and savage cuts to critical programs that support working families, making it the most regressive bill in decades. Closing ten Wall Street tax loopholes would […]
Labor unions, investors, and public interest organizations wrote to the House Education and Workforce Committee in opposition to H.R. 2988, Protecting Prudent Investment of Retirement Savings Act. The post Letters to Congress: Letter in Opposition to H.R. 2988, Protecting Prudent Investment of Retirement Savings Act appeared first on Americans for Financial Reform.
AFR shared maps and statistics on climate change’s impact on homeowners insurance in Nebraska’s first congressional district with the House Financial Services Committee’s Housing and Insurance Subcommittee. The post Fact Sheet: Visualizing the Home Insurance Crisis in Nebraska appeared first on Americans for Financial Reform.