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, Consumer Groups and Experts Fault Weak OCC Stablecoin Rules
Americans for Financial Reform Education Fund (AFREF) joined the Center for Responsible Lending (CRL), the Consumer Federation of America (CFA), and Professor Arthur E. Wilmarth, Jr. in filing comments criticizing the Office of the Comptroller of the Currency’s (OCC) proposed rule implementing the so-called GENIUS Act, the crypto industry-drafted legislation passed last year that established an inadequate federal regulatory regime for crypto assets known as stablecoins.
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Tell the Department of Labor: Stop Private Equity and Crypto Scammers from Gambling with Workers’ Retirement Savings
→ Take Action : Tell the Department of Labor: Stop Private Equity and Crypto Scammers from Gambling with Workers’ Retirement SavingsThe Department of Labor has proposed a rule that would allow private equity firms and cryptocurrency investments into defined contribution retirement plans like 401(k)s. That means some of the riskiest, least transparent financial products in the market could soon be packaged as prudent retirement investments for workers across the country. Private equity firms have a well-documented
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