View or download a PDF of the letter here. AFREF submitted a comment opposing the Trump administration effort to undermine fair lending and civil rights law by illegitimately narrowing the scope of lending discrimination protection and enforcement.
View or download a PDF of the letter here. AFREF submitted a comment opposing the Trump administration effort to undermine fair lending and civil rights law by illegitimately narrowing the scope of lending discrimination protection and enforcement.
View or download a PDF of the letter here AFREF submitted a comment opposing the Trump administration effort to undermine civil rights and fair lending law by severely weakening the small business and farm lending disclosure rules that would exempt half of all loans, reduce essential data collection, and exclude farm lending entirely.
Americans for Financial Reform Education Fund and Public Citizen sent a letter in response to the California Department of Insurance’s Long-Term Solvency Planning Proposal, highlighting the need for insurers to comprehensively address both physical and transition risks across underwriting, investing, and operations. “Insurers need to develop climate plans that encompass both climate mitigation and climate adaptation […]
ARFEF joined 28 consumer, racial, and economic justice organizations to oppose the FHFA’s proposed rule that would greatly reduce the number of affordable mortgages for U.S. borrowers.
AFREF filed comments in opposition to giving Coinbase, the nation’s biggest cryptocurrency exchange, its own bank charter. The proposed new crypto bank would impermissibly combine commerce and banking, create giant risks to the financial system and economy when the next crypto crash inevitably occurs, and gives Coinbase the public benefits of being a member bank of the […]
AFREF, Consumer Federation of America and Prof. Art Wilmarth submitted comments to the FDIC warning about the harms to consumers, communities, and the financial system that would ensue from expanding the industrial loan company (ILC) bank charter loophole to Big Tech, crypto, and other predatory financial firms.
AFREF submitted a comment to the Federal Reserve, Office of the Comptroller of the Currency, and the FDIC criticizing a dangerous proposal to weaken critical bank capital standards put in place after the 2008 financial crisis that would increase the likelihood and severity of a financial crisis that could imperil the entire economy.
Americans for Financial Reform joined labor and progressive advocacy groups representing millions of workers in a letter to state financial officers who oversee pension funds that hold billions of dollars in shares of Tesla, urging them to oppose excessive pay packages for Tesla CEO Elon Musk, warning it would put workers’ retirement savings at unnecessary risk and undermine corporate accountability. […]
AFREF joined Public Citizen and other groups in a letter to the Securities and Exchange Commission in defense of executive compensation disclosures. The post Letters to the Regulators: Letter to the SEC in Defense of Executive Compensation Disclosure appeared first on Americans for Financial Reform.
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 […]