News Release: Steward Financial Crisis Demonstrates Private Equity’s Threat to Healthcare

FOR IMMEDIATE RELEASE Jan. 31, 2024 CONTACT Carter Dougherty carter@ourfinancialsecurity.org Steward Financial Crisis Demonstrates Private Equity’s Threat to Healthcare The sudden crisis in the Steward hospital system in Massachusetts is a cautionary – and outrageous – tale of how Wall Street’s predatory practices in health The post News Release: Steward Financial Crisis Demonstrates Private Equity’s […]

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Letters to the Regulators: Letter in Opposition to the CFTC’s Proposed Rulemaking and its Dangerous Precedent

Americans for Financial Reform Education Fund and Consumer Federation of America, Food & Water Watch, Institute for Agriculture and Trade Policy, and Public Citizen sent a letter sharing their grave concerns with the justification and potentially calamitous precedent contained in the Commodity Futures Trading Commission’s (CFTC’s) proposed rulemaking for the Investment of Customer Funds by […]

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AFREF Files Amicus Brief in 5th Circuit Supporting SEC’s Private Fund Advisers Rule

View or download a PDF of the brief here The Americans for Financial Reform Education Fund filed an amicus brief in the 5th Circuit supporting the Securities and Exchange Commission’s (SEC) private fund advisers rulemaking that would have provided investors with critical and detailed information The post AFREF Files Amicus Brief in 5th Circuit Supporting […]

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Events: Caroline Nagy Spoke on Rising Insurance Costs for Affordable Housing at the New York Housing Conference

On December 6, 2023, Senior Policy Counsel Caroline Nagy spoke on a panel about rising insurance costs for affordable housing at the New York Housing Conference. Panelists discussed how the limited availability and increasing prices for property and casualty insurance is making it increasingly difficult The post Events: Caroline Nagy Spoke on Rising Insurance Costs […]

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Letters to the Regulators: Letter to the Consumer Financial Protection Bureau, Urging Adoption of a Strong Personal Financial Data Rights Rule

View or download a PDF of the letter here Americans for Financial Reform Education Fund led 25 organizations in signing on to a letter calling on the Consumer Financial Protection Bureau (CFPB) to finalize and strengthen a proposed rule that would address a number of The post Letters to the Regulators: Letter to the Consumer […]

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Letters to the Regulators: Letter in Support of Proposals to Reduce Systemic Risk

View or download a PDF of the letters here: AFREF submitted comments supporting proposals from the Federal Reserve, the Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency, which would strengthen and expand applicability of resolution plan rules and guidance and require more large banks (in the Fed’s large bank tailoring […]

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Letters to the Regulators: Letter in Support of Revisions to OMB Guidance for Grants and Agreements

View or download a PDF of the letter here. The Americans for Financial Reform Education Fund (AFREF), the Institute for Policy Studies, Jobs to Move America, Communications Workers of America, United for Respect, and Take on Wall Street wrote a comment letter to the Office of Management and Budget (OMB) to recommend it be made explicit – […]

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Letters to Congress: AFR Letter for the Record in Support of Basel III Endgame Proposal

View or download a PDF of the letter here. In advance of the Senate and House hearings on the oversight of prudential regulators this week, AFR filed a statement for the record advocating for the Fed, the OCC and the FDIC to finalize key rulemakings, The post Letters to Congress: AFR Letter for the Record […]

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Congressional Testimony: Renita Marcellin, AFR’s Advocacy and Legislative Director, Testifies Before the HFSC, Financial Institutions and Monetary Policy Subcommittee

On November 7th, AFR’s Advocacy and Legislative Director Renita Marcellin testified before the House Financial Services Subcommittee on Financial Institutions and Monetary Policy supporting the Basel Endgame capital proposals. These capital proposals work to build a more resilient financial system and enable banks to better support the The post Congressional Testimony: Renita Marcellin, AFR’s Advocacy and Legislative […]

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