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AFR Statement: Wall Street Money Hits $719 Million in 2017, Headed Past $2 Billion in this Election Cycle
May 7, 2018 – 6:00 am

Wall Street pumped $719 million into the political process in 2017, a rate that puts it on pace to outstrip the record $2 billion it spent during the 2015-2016 campaign cycle, according to a new report by Americans for Financial Reform.

AFR Report: Wall Street Money in Washington in 2017
May 7, 2018 – 5:59 am

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 Statement: Weak SEC Proposal on Broker Standards
April 19, 2018 – 11:11 am

Statement from Marcus Stanley, policy director, Americans for Financial Reform: “The proposal we heard described today does not come close to measuring up. The standard of conduct the agency has articulated appears ambiguous at best. It doesn’t simply ban the sales quotas and other compensation practices that lead brokers to put their clients into high-fee, lower-yielding investments.”

AFR Report: Private Equity’s Failing Grade in the For-Profit College Industry
March 29, 2018 – 5:26 pm

As the Trump administration rolls back the greater regulatory scrutiny the for-profit college industry has faced during the last several years, it is private equity that stands to benefit the most, posing continuing dangers to students, taxpayers, and the integrity of the federal financial aid system.

Press Advisory: FRIDAY DC Activists Take on Trump and the Carlyle Group to Close the Carried Interest Loophole
March 22, 2018 – 1:42 pm

Washington, DC – Friday at noon, DC activists will rally to close the egregious carried interest loophole outside private equity firm The Carlyle Group.

Letters to Congress: AFR Urges Opposition to H.R. 4263 — A Bill Undermining Transparency and Investor Protections in Capital Markets
March 13, 2018 – 12:19 pm

AFR sent a letter to members of the House of Representatives urging them to vote in opposition to H.R. 4263, the “Regulation A+ Improvement Act”.

Letters to Congress: AFR Urges Opposition to HR 4296—A Bill Tying Regulators Hands in Setting Operational Risk Capital
February 27, 2018 – 11:55 am

AFR sent a letter urging House members to vote “No” on H.R. 4296—a bill that would tie regulators hands in setting operational risk capital.

TOWS Brief: Wall Street Makes Bank on Trump
January 31, 2018 – 9:41 am

On the first anniversary of the Trump administration, the Take on Wall Street coalition catalogs the ways that Wall Street made bank on Trump in 2017.