Testimony: AFR Testimony in Support of Connecticut HB 7174, Which Assesses a Five Percent Surcharge to Insurance Companies Supporting Fossil Fuel Infrastructure

Americans for Financial Reform Education Fund submitted testimony to the Connecticut General Assembly on a bill that would assess a five percent surcharge on insurers for policies that support fossil fuel infrastructure in the state. The funds collected would then help fund resilience and flood data transparency. The post Testimony: AFR Testimony in Support of […]

Read more
Statement: AFR Submits Statement for the Record for House Hearing Attacking the CFPB

Congress created the Consumer Financial Protection Bureau to prevent another financial crisis, and for the past 14 years it has diligently served the public, held financial firms accountable, cracked down on junk fees, and protected people from financial rip-offs. The vehemence of the Wall Street, Big Tech, and predatory financial industry’s attacks on the CFPB […]

Read more
Letters to the Regulators: Letter to the FTC in Support of Collecting Information on Large-Scale Single Family Home Investors

Americans for Financial Reform Education Fund submitted a comment in support of the Federal Trade Commission’s proposed 6(b) study of large-scale single family home investors and the Commission’s plan to publicly disseminate information about homes owned by “mega investors,” defined as entities that own over 1,000 single family rental homes.  The post Letters to the […]

Read more
Letters to Congress: AFR letter to House Financial Services Committee on Capital Formation Hearing

Americans for Financial Reform submitted a letter opposing several legislative proposals being considered at the House Financial Services Committee hearing “Beyond Silicon Valley: Expanding Access to Capital Across America.” Weakening investor protections in the name of capital formation threatens market integrity and exposes smaller, retail investors to unnecessary risk. The post Letters to Congress: AFR […]

Read more
Letters to Congress: Letter in opposition of SB 21

View or download a PDF of the letter here. Americans for Financial Reform, Consumer Federation of America, and Public Citizen led a letter in opposition to Delaware Senate Bill 21 (SB 21) with 29 additional signatories. If passed, SB 21 would overhaul Delaware corporate law The post Letters to Congress: Letter in opposition of SB […]

Read more
Letters to Congress: Letter to The Senate Banking Committee Opposing the FIRM Act

AFR and 24 partners sent a letter to the Senate Banking Committee opposing the FIRM Act. The bill purports to curb banking discrimination and enable equal opportunity to obtain financial services. But it would do nothing to prevent actual discrimination or improve access to financial services for people in protected classes. The post Letters to […]

Read more
Testimony: AFREF Testimony on Connecticut Bill to Improve Oversight of Private Equity Healthcare Acquisitions

Americans for Financial Reform Education Fund (AFREF) appreciates the opportunity to provide written testimony on the role of private equity in the health care sector and the appropriate approaches to curb its monopolistic and predatory practices in the sector. Private equity investments in healthcare facilities and networks lower quality and accessible care. The post Testimony: […]

Read more
Letters to Congress: AFR and 17 Allies Urge Senators to Oppose Bill Pulte’s Nomination to Serve as FHFA Director

Americans for Financial Reform along with 17 housing, consumer, civil rights, and labor organizations sent a letter urging the Senate Banking Committee to oppose the nomination of Bill Pulte to serve as Director of the Federal Housing Finance Agency (FHFA). Mr. Pulte’s residential rental real estate investments and private equity background make him uniquely unsuited […]

Read more
Letters to Congress: AFR and 23 Allies Urge Senators to Oppose Jonathan McKernan’s Nomination to Serve as CFPB Director

Americans for Financial Reform along with 23 consumer, civil rights, community, labor, faith-based, small business, farm, and other organizations sent a letter urging the Senate Banking Committee to oppose the nomination of Jonathan McKernan to serve as Director of the Consumer Financial Protection Bureau (CFPB). The CFPB’s Director should preserve the Bureau’s integrity, capacity, and […]

Read more
Fact Sheet: AFR Fact Sheet to Defend CFPB 1071 Small Business & Farm Lending Transparency Rule

Small businesses and farms are engines for economic growth and household wealth building, but historic inequitable access to credit and financing makes it more difficult for businesses and farms owned by people of color and women to sustain, reinvest, and expand their businesses. Section 1071 of the Dodd-Frank Wall Street Reform and Consumer Protection Act […]

Read more