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 […]
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 […]
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 […]
AFR and 30 civil rights, labor, community, consumer protection, and economic justice organizations sent a letter calling on the Senate to swiftly act to defend the statutorily mandated independence of financial regulators in the face of unprecedented attacks and firings of commissioners and board members. The post Letters to Congress: AFR and 30 Allies Raise […]
Increasing the tax on corporate stock buybacks encourages investments in the real economy, discourages excessive executive compensation that widens economic inequality, and raises funds to protect healthcare, nutrition, and other programs that help working families. Raising the buybacks tax to 4 percent would generate $166 billion in revenue over the next decade, and encourage companies […]
AFR shared maps and statistics with the Senate Environment and Public Works Committee and the Senate Banking, Housing, and Urban Affairs Committee prior to two hearings this month on the insurance crisis, which is compounded by climate change. The post Fact Sheet: Visualizing the Home Insurance Crisis appeared first on Americans for Financial Reform.
View or download a PDF of the letter here. Americans for Financial Reform Education Fund submitted a statement for the record for a hearing held by the Health, Education, Labor, and Pensions Subcommittee of the House Education and Workforce Committee titled “Investing for the Future: Honoring The post Statement: AFREF Statement for the Record for House […]
Public Citizen and Americans for Financial Reform Education Fund submitted a comment to the New York State Department of Financial Services (DFS) on its proposal to evaluate nonbank mortgage lenders in New York based on their performance in meeting the credit needs of the communities where they operate, including needs related to increasing climate risks […]
Americans for Financial Reform Education Fund (AFREF) submitted a comment letter supporting a Consumer Financial Protection Bureau’s advanced notice of proposed rulemaking (ANPR) to provide relief to victims of coerced debt The post Letters to the Regulators: Letter Supporting a CFPB Proposed Rulemaking That Provides Relief to Victims of Coerced Debt appeared first on Americans […]
Americans for Financial Reform and seven other public interest organizations submitted a letter urging U.S. Senators to oppose the nomination of Jonathan V. Gould to serve as Comptroller of the Currency. The post Letters to Congress: Letter Opposing the Nomination of Jonathan V. Gould as Comptroller of the Currency appeared first on Americans for Financial […]