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Articles tagged with: systemic risks

AFR in the News: Progressive Groups Criticize CFPB Fintech Proposal (Politico)
October 10, 2018 – 12:03 pm

“A coalition of 50 public interest groups today sharply criticized the Consumer Financial Protection Bureau’s proposal to gut important consumer-protection rules, especially for fintech companies, arguing the agency does not have the authority to create potentially unlimited exemptions from the very regulations that the CFPB is obligated to enforce.”

Letter to Congress: AFR urges opposition to HR 3312 — a deregulatory gift to the largest banks in the country.
December 18, 2017 – 5:21 pm

“H.R. 3312 dramatically restricts oversight of some of the largest banks in the country, increasing risks to regional economies and to financial stability, and therefore to the prosperity of families and communities.”