AFR joined public interest groups in sending a letter of opposition to HR 2374 to members of Congress. Hr 2374 would delay needed reforms that would protect middle-class savings and help to restore needed confidence in our financial markets
AFR sent a letter to members of Congress urging them to oppose HR 1038. This legislation would make it easier for major dealers in the energy markets to avoid appropriate designation as swaps dealers, and would also remove important protections for public utilities in their swaps transactions.
AFR sent a letter and one pager regarding HR 1256, the “Swaps Jurisdiction Certainty Act” to members of Congress, urging them to oppose the bill. HR 1256 would severely undermine regulators ability to protect U.S. taxpayers from risks that arise from overseas derivatives trading.
For too long, the rules of Wall Street have been written by the bankers themselves. The result was the financial crisis that cost Americans millions of jobs, along with billions in taxpayer-funded bailouts, and trillions of dollars in pension funds, home values, and retirement savings.
We are a coalition of more than 250 national, state and local groups who have come together to reform the financial industry. Members of our coalition include consumer, civil rights, investor, retiree, community, labor, religious and business groups as well as economists and other experts. See who's in the coalition.