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Education Fund

AFR Statement: Mulvaney Plan to Gut Payday Lending Rule Defies Common Sense
October 26, 2018 – 1:14 pm

The rule, which was years in the making, created vital protections for consumers of payday, car title, and some longer-term loans to ensure that predatory lenders don’t trap customers in unaffordable loans. Underlying the rule is the common-sense principle that lenders should consider whether borrowers have the ability to repay a loan before they risk their financial well-being.

Letters to Regulators: AFR Education Fund submitted comment on proposed revisions to Volcker Rule.
October 18, 2018 – 12:08 pm

Click here to download a PDF version of the letter.

 

AFR Statement: Court Sides with Students Over DeVos’s Pro-Corporate Agenda
October 16, 2018 – 2:54 pm

Americans for Financial Reform Education Fund applauds the news that a court has rejected the for-profit college industry’s attempt to stop the 2016 Borrower Defense rule. Today, the United States District Court for the District of Columbia sided with students over Betsy Devos’s attempts to let abusive for profit schools rip them off with impunity.

New Report: The Volcker Rule: Its Past, Present, and Uncertain Future
October 3, 2018 – 11:03 am

Americans for Financial Reform Education Fund published a new report describing the history of the Volcker Rule and the efforts of the financial industry to undermine it. The Volcker Rule is a central element of …

Letters to Regulators: AFR Education Fund sent a letter to the Federal Reserve urging regulators to reject misguided recommendations regarding the implementation of S.2155.
October 1, 2018 – 1:03 pm

October 1, 2018
Americans for Financial Reform Education Fund (AFR Education Fund), sent a letter to the Federal Reserve in response to the recent letter from Senator Perdue and others. The Perdue letter urges regulators to …

Letters to Regulators: AFR Education Fund submitted a letter to the SEC regarding proposed amendments to the Whistleblower Program rules
September 19, 2018 – 10:55 am

Americans for Financial Reform Education Fund sent a letter to the SEC regarding proposed amendments to the Commission’s Whistleblower Program rules. While we generally support a few of the proposed amendments, we are concerned that …