Reports, Fact Sheets, Background Papers
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 …
This comprehensive guide details how members of the 115th Congress voted on bills and nominations related to financial reform.
In the first twelve months of the 2017-18 election cycle, Wall Street banks and financial interests have reported spending $719 million to influence decision-making through campaign contributions and lobbying. That total works out to about $2.0 million a day. The financial sector is by far the largest source of campaign contributions in federal elections, and the third largest spender on lobbying
AFR released the document below to provide context on the Congressional testimony of Federal Reserve vice-chair for supervision Randy Quarles, and highlight several areas which we believe Congress should question him about.
AFR Backgrounder on Quarles …
The AFR Advocacy Fund has released its voting record for 2017, the first year of the 115th Congress. “Where They Stand on Financial Reform” tracks more than 55 votes that gave House members and Senators a choice: They could decide to stand up for consumers, borrowers, investors and the safety, transparency, and accountability of the financial system. Or they could take the side of big banks and other powerful financial industry interests. Taken together, these votes show a disturbing readiness, on the part of many of those currently serving in the U.S. House of Representatives and Senate, to do the financial industry’s bidding without regard for harm to families and communities.
In the past 10 years, nine big Wall Street firms have fundamentally altered the rental landscape in their targeted cities across 13 states by eliminating the human aspects of the relationship between tenants and their landlord. In some areas, the largest SFR companies own a large percentage of all single family rentals in a given zip code – up to 12.5 percent in some areas.