Factsheet: AFR Factsheet on The GENIUS Act’s Flaws and Failures

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.

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Fact Sheet: AFR Fact Sheet on the CLARITY Act: A Crypto Cash Grab that is a Consumer Catastrophe

“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 […]

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Letters to Congress: AFR Letter Urges Senate to Make Wall Street Pay Its Fair Share

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 […]

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Letters to Congress: Letter in Opposition to H.R. 2988, Protecting Prudent Investment of Retirement Savings Act

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.

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Fact Sheet: Visualizing the Home Insurance Crisis in Nebraska

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.

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Letters to the Regulators: AFREF Opposes Effort to Prevent CFPB Supervisory Transparency

AFREF sent a letter to the CFPB opposing proposed rescissions that would create blanket confidentiality for all CFPB orders and decisions about non-bank supervisory determinations that would strip away transparency for some of the riskiest and least regulated nonbank financial products. The post Letters to the Regulators: AFREF Opposes Effort to Prevent CFPB Supervisory Transparency […]

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Letters to the Regulators: AFREF Opposes Effort to Eliminate CFPB Repeat Offender Database

AFREF sent a letter to the CFPB opposing its proposal to rescind a repeat offender database of nonbank enforcement and agency orders. This will help state and federal regulators, advocates, and the public identify repeat offenders and more easily spot patterns and practices of misconduct. The post Letters to the Regulators: AFREF Opposes Effort to […]

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Statement: AFR Statement for the Record for House Financial Services and Agriculture Committee Hearings on Digital Assets

Americans for Financial Reform submitted a statement for the record in response to hearings held by the House Financial Services and Agriculture Committees on June 4, 2025, entitled “American Innovation and the Future of Digital Assets: From Blueprint to a Functional Framework.” The statement raises serious concerns about the CLARITY Act (H.R. 3633), a crypto regulatory bill considered […]

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Fact Sheet: Slashing CFPB Budget to Fund Tax Cuts for Billionaires Would Gut the Agency, Increase Ripoffs and Fraud, and Let Financial Predators off the Hook

The Republican Congress has proposed severe budget cuts to the CFPB that prevents the agency from fulfilling its statutory mandates to protect people. The attempt to shut down the CFPB protects powerful banks, predatory lenders, and tech billionaires instead of standing up for people all to help pay for tax cuts for the rich. The […]

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