We stand in solidarity with the families of George Floyd, Breonna Taylor, Ahmaud Arbery, and the millions of Black people subject to racial oppression, violence, and murder at the hands of the police and of white supremacists.
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.
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.
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
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.
“Regulators need to catch up to the reality that the growth and concentration of the asset management industry has fundamentally reshaped how public companies — including listed banks — make decisions,” said Natalia Renta, a senior policy counsel at the Americans for Financial Reform Education Fund.
FOR IMMEDIATE RELEASE Oct. 30, 2024 CONTACT Carter Dougherty, carter@ourfinancialsecurity.org Labor Pushes for Limits on Asset Manager Influence Over U.S. Banks Investors, advocates join union efforts to boost oversight of Wall Street behemoths Washington, D.C. – Today, 38 labor unions, investors, and advocates submitted a
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.
A new probe by New York Attorney General Letitia James, revealed in a court filing Wednesday, marks an important step in pushing back against the proposed merger of Capital One and Discover, one that should prompt other state antitrust officials to join efforts to block this harmful transaction.
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
“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.
