Home » Archive by Category

Statements and Press Releases

Letter to Regulators: AFR Opposes Proposed Delay Of Department of Labor Rules To Protect Retirement Investors
March 17, 2017 – 11:22 am

AFR submitted the comment letter linked and excerpted below that strongly opposes the Department of Labor’s proposal to delay fiduciary protections for retirement investors.

Letter to Department of Labor: Don’t Delay The Fiduciary Rule
March 17, 2017 – 7:51 am

AFR and dozens of other organizations weigh in against the Department of Labor’s proposed delay of the fiduciary rule.

AFR Statement: No Policy Riders on Budget for Benefit of Wall Street
March 16, 2017 – 2:10 pm

Wall Street often seeks regulatory changes in budget bills, something the American public does not need. Any proposed changes to financial reform deserve an open debate.

AFR Report: Wall Street Lobby and Campaign Cash Tops $2 Billion for 2016 Elections
March 8, 2017 – 7:38 am

During the 2015-16 election cycle, Wall Street banks and financial interests spent more than $2 billion to influence decision-making in Washington, according to a report released today by Americans for Financial Reform. That total, derived from an exclusive data set, works out to more than $2.7 million a day.

AFR Statement: Delaying Fiduciary Rule Is Betrayal Of Public Interest
March 1, 2017 – 8:07 pm

The Department of Labor’s proposal to delay the fiduciary rule is clearly part of the Trump administration’s plan to undo it altogether. Blocking this common-sense, long overdue rule, which requires retirement advisers to act in their customers’ best interests.

AFR Statement: Trump Speech Obscures Agenda Favoring Wall Street
March 1, 2017 – 7:57 pm

When it comes to the economy, unfortunately the President hasn’t drained the swamp. Instead, he is filling the government with Wall Street insiders who are now attacking rules put in place to keep big Wall Street banks and predatory lenders from ripping off consumers and prevent another disastrous financial crisis.

AFR Policy Brief: FDIC Report Contradicts Claims That Regulation Has Harmed Lending, Bank Earnings
March 1, 2017 – 12:00 pm

“Hard data on bank earnings and lending should lay to rest any notion that financial regulations are holding back the American economy, or getting in the way of American banks making money. These claims are just an excuse to to dismantle hard-won protections for consumers and financial stability.”

AFR Policy Brief: The Volcker Rule And Market Making in Times Of Stress
February 24, 2017 – 5:18 pm

” ‘The Volcker Rule And Market Making In Times of Stress’ paper does not represent the official view of the Federal Reserve, and is not a Federal Reserve Report. …It is simply false to present this paper as demonstrating that the Volcker Rule has created market costs that exceed its risk reduction benefits.”