AFR fights to change the expectations of what financial regulation must do, advance a bold agenda to take on Wall Street and corporate power, and shift scores of financial rules to better protect the public interest.
Search below to view our past congressional testimonies, letters to congress, amicus briefs, and letters to regulators.
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Letters to the Regulators: AFREF Critiques Trump Administration Effort to Ignore Reputational Risks to Banks
AFREF opposes the proposed rule which would prohibit examiners from considering reputation risk, as the proposal 1) fails to justify any of its assertions that supervision of reputation risk is ineffective or abusive, 2) contains confusing definitions and requirements that would be impossible to enforce, and 3) fails to consider any costs associated with the proposal.
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Fight to Keep Fair Lending Protections
→ Take Action : Fight to Keep Fair Lending ProtectionsTrump’s CFPB has proposed a rule that would dismantle foundational protections under the Equal Credit Opportunity Act and open the door to widespread discrimination in lending. The proposal eliminates longstanding safeguards designed to prevent lenders from denying credit based on race, gender, national origin, age, and other protected characteristics.
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