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News Release: Stop Wall Street Looting Act Would Curb Worst Private Equity Abuses
July 18, 2019 – 9:10 am

“Private equity and hedge funds now wield enormous influence over the American economy, often with terrible consequences for workers and communities,” said Lisa Donner, executive director of Americans for Financial Reform. “We need effective rules of the road to stop predatory practices by these Wall Street giants.”

Advisory: Briefing for Media on Stop Wall Street Looting Act at 3pm ET
July 18, 2019 – 9:10 am

Briefing on Stop Wall Street Looting Act of 2019 will be at 3pm ET. To join call RSVP to Kyra Sandovi, kyra@ourfinancialsecurity.org and dial (800) 230-1096 and ask for “Private Equity Legislation” conference call.

News Release: Public Interest Groups Support Bill to Address Private Equity Abuses
July 18, 2019 – 9:10 am

Over 15 major public interest groups have signed on to support the Stop Wall Street Looting Act of 2019, which was introduced today in the House and Senate.

Legislation: Summary and Analysis of Stop Wall Street Looting Act
July 18, 2019 – 9:10 am

The Stop Wall Street Looting Act would curb the worst abuses of Wall Street private equity executives by making them liable for damage they cause, protecting the interests of workers, preventing looting of target companies, and improving transparency for investors.

Report: Wall Street Pumps $1.9 Billion into Political Process in 2017-18 Election Cycle
April 30, 2019 – 6:58 am
Report: Wall Street Pumps $1.9 Billion into Political Process in 2017-18 Election Cycle

The $1.9 billion Wall Street poured into American politics includes contributions to campaign committees and leadership PACs ($922 million) and lobbying expenditures ($957 million). The money backed a massive rush of pro-industry nominees and legislation over the last two years, at a time when the biggest banks made $100 billion in profits for the first time.

New Report: Where They Stand On Financial Reform
October 17, 2018 – 12:33 pm
New Report: Where They Stand On Financial Reform

Ten years after the financial crisis, a majority of members of the Congress that wrapped up work in 2018 voted again and again for bills pushed by the bank lobby that endanger financial stability, undermine consumer and investor protections, and enable racial discrimination in lending. The change in control of the House and a heightened awareness of the dangers posed by these actions provide an opportunity to see what changes in the 116th Congress.

News Release: Fall 2018 Congressional Voting Record on Where They Stand on Financial Reform
September 14, 2018 – 6:00 am

Ten years after the financial crisis, a majority of members of Congress have voted again and again for bills pushed by the bank lobby that are dangerous for our financial stability, undermine consumer and investor protections, and enable racial discrimination in lending. The report, entitled “Where They Stand on Financial Reform,” lays out how each lawmaker voted.

Report: Where They Stand on Financial Reform
September 14, 2018 – 5:59 am

This comprehensive guide details how members of the 115th Congress voted on bills and nominations related to financial reform.