AFREF led a letter urging the Financial Stability Oversight Council (FSOC) as the coordinating body for several regulatory agencies to imminently take action against the various misdeeds that may be conducted by the issuers of stablecoins. The letter explains that such urgency cannot be overstated given how quickly the market continues to grow, posing greater […]
AFREF led a letter to regulators stating that the laissez-faire stance adopted by the Department of Justice and the federal bank regulators and current merger guidelines have hurt small businesses, community banks, and households, especially those in BIPOC communities. The letter urges regulators to temporarily halt consideration of pending bank mergers until the DOJ and […]
Americans for Financial Reform Education Fund and Sierra Club were joined by 10 organizations in a comment letter to the DOL supporting a proposal to encourage fiduciaries to consider climate change and ESG factors, and calling for further actions to standardize sustainable investing for private retirement plans and pensions. The post Letters to Regulators: AFREF, Sierra […]
AFREF joined a letter to the CFPB highlighting the need for access to their online complaint system in Spanish. The post Letters to Regulators: Letter to the CFPB on the Need for Access to the Online Complaint System in Spanish appeared first on Americans for Financial Reform.
AFREF, CRL, CFA, and NCLC sent comments to the Department of Treasury in response to their request for comment concerning the Small Dollar Loan (SDL) Program Application. The post Letters to Regulators: Letter to Treasury in Response to Request for Comment on Small Dollar Loan Program Application appeared first on Americans for Financial Reform.
AFREF joined a memo to ED establishing their obligation to support education in reentry as Pell has been reinstated for incarcerated individuals and more individuals who will now begin a postsecondary education inside will not finish their degree within the correctional setting and will instead have to finish during reentry. The paper also demonstrates the […]
AFREF sent a letter to the Treasury’s Federal Insurance Office (FIO) on how the agency can coordinate with state insurance regulators and insurers to have the necessary data, supervisory framework, and prudential regulation in a world where climate-related losses continue to rise and pose risks to the entire financial system. The post Letters to Regulators: […]
AFREF joined a letter urging HUD to strengthen its recent Interim Final Rule intended to prevent evictions. The post Letters to Regulators: Letter to HUD on Evictions in HUD-Assisted Housing and the Interim Final Rule, Extension of Time and Required Disclosures for Nonpayment of Rent appeared first on Americans for Financial Reform.
AFREF joined a letter in response to the Education Department’s request for public comments on a rule to fully implement closure of the 90/10 loophole. The post Letters to Regulators: Letter to ED on 90/10 Implementation appeared first on Americans for Financial Reform.
AFREF joined a comment letter in response to the OCC’s proposal to rescind its 2020 rule regarding the Community Reinvestment Act regulations. The letter urges the OCC to rescind the final rule as quickly as possible. The post Letters to Regulators: Letter Urging the OCC to Rescind its 2020 Rule Regarding the CRA appeared first […]