AFR and consumer, community, small business, and farm advocates sent a letter to the House Oversight and Accountability urging them to oppose legislation that aims to privatize federal loan guarantee programs. This measure would be a big win for Wall Street but reduce access, raise costs, and exacerbate racial gaps in homeownership rates, small business formation, and family farm viability. The broad legislative mandate to transfer all credit guarantees to the private sector could lead to profound changes across all of these areas, including an increase in costs and a decline in funding reliability during economic crises, when reliable access to credit is critical for families, small businesses, and family farms.