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 […]
New report highlights how private equity behemoth, Kohlberg Kravis Roberts & Co. has put money into fossil fuel projects that run decidedly counter to its preferred public image of a good steward of the Earth. The post News Release: Report Outlines KKR’s Harm to Frontline Communities As it Continues to Center a Fossil Fuel Strategy […]
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 […]
View or download a PDF of the letter here Americans for Financial Reform Education Fund joined the Homes Guarantee Campaign and over 300 national, state, and local organizations to call on the Federal Housing Finance Agency to require tenant protections in order to receive federal The post Letters to the Regulators: Letter to FHFA in […]
AFREF joined Public Citizen in a comment urging PCAOB to strengthen and swiftly finalize its proposed updated audit standards around reporting noncompliance with laws and regulations and identifying risks of material misstatement in financial statements. Climate-related accounting fraud is on the rise, and many companies are misrepresenting their financial position by underestimating their asset retirement […]
Americans for Financial Reform sent a letter to the House Financial Services Committee opposing bills that undermine shareholders’ ability to make sound financial decisions and hold corporations accountable. In our letter, we provide an overview of the bills noticed during the various ESG hearings and briefly discuss why we oppose them. The post Letters to […]
From A for Ambulance to Z for Zamboni, this book takes the reader on an alphabetical journey through the myriad ways that private equity has encroached into most parts of everyday life. The post Fact Sheets and Reports: The ABCs of Private Equity appeared first on Americans for Financial Reform.
Americans for Financial Reform Education Fund submitted a comment to the Securities and Exchange Commission (SEC) supporting its proposal to prohibit conflicts of interest in securitizations. Such conflicts were at the heart of the Great Financial Crisis of 2008 leading to trillions of dollars in losses across the financial system and irreparable harm to millions […]
New study by the American Antitrust Institute and Americans for Financial Reform Education Fund calls attention to the growing presence of private equity ownership in the home healthcare sector. The post News Release: New Study Calls Attention To The Growing Presence Of Private Equity Ownership In The Home Healthcare Sector appeared first on Americans for […]