Americans for Financial Reform is a nonpartisan, nonprofit coalition working to lay the foundation for a strong, stable, and ethical financial system.
Cryptocurrency

Event: Webinar on Crypto Companies’ Unprecedented Election Spending

On October 24, 2024, Americans for Financial Reform (w/ Demand Progress) partnered with Public Citizen to host a webinar entitled “Crypto Companies’ Unprecedented Election Spending”

The webinar featured commentary and analysis from experts and policy makers regarding the outsized spending by crypto billionaires and firms in this year’s election cycle, and the impact such spending has or may have on policy making and consumer financial protection.

Blog: Invitation Homes Invites You to Enjoy Rent Hikes, Fee Gouging, Disrepair, and Evictions

Last month’s settlement agreement with Invitation Homes confirms what their tenants have been telling us: our country’s largest landlord of single family homes has a consistent track record of ripping off its tenants. The United States faces an unprecedented housing affordability and homelessness crisis, but corporate landlords like Invitation Homes who dominate our housing supply in too many regions are thriving and profiting richly at their tenants’ expense. Tenants of corporate landlords are organizing around the country, calling out their landlords for steep rent increases, junk fees, skimping on repairs, and aggressive eviction practices. 

News Release: Consumer Advocates Call on Banking Regulators to Rein in Reckless and Harmful Bank-Fintech Partnerships

FOR IMMEDIATE RELEASE CONTACT Carter Dougherty, carter@ourfinancialsecurity.org Adam Rust, arust@consumerfed.org Friday, November 1, 2024 Consumer Advocates Call on Banking Regulators to Rein in Reckless and Harmful Bank-Fintech Partnerships Groups seek more supervision and stronger standards for these partnerships to protect consumers. Washington, DC – Americans for

Blog: A Crypto Coup? How Billionaires Are Threatening Democracy & Rewriting the Rulebook of American Politics

Crypto tycoons are storming into U.S. politics and attempting to reshape how we choose our elected officials. And the industry remains mostly controlled by a small group of very wealthy people even though fewer than one-sixth of people have ever owned any cryptocurrency. But crypto tycoons are pouring money into politics, aiming to bypass regulatory oversight, consolidate their power, and restructure American politics for their own benefit.

In The News: Senators take aim at big private equity landlords as rents soar (NBC News)

As landlords, private equity firms raise rents, impose new fees, skimp on property maintenance and pursue tenants more aggressively in court, the Americans for Financial Reform research noted. “The cumulative effect is a massive transfer of wealth from mainly low- and middle-income renters, who can’t afford the onerous barriers to homeownership, to some of the wealthiest men in America,” it said.

Blog: Rethinking Remittances 

Rethinking Remittances When Changing a Little Changes a Lot The United States is one of the top sources of remittances in the world, with $79.15 billion in remittances sent to family and friends outside the country in 2022 alone. Despite this huge volume, the costs

In The News: Are We Signing Away Our Rights By Clicking Those Boxes? (American Viewpoints)

“From the beginning of this republic, even the most humble citizen was entitled to their day in court and a fair hearing. And at no point, until the creation of forced arbitration did someone say, ‘Hey you can have a right to your day in court except when your complaint is about a big corporation,” said Christine Chen Zinner, senior policy counsel at Americans for Financial Reform.