View or download a PDF of the letter here.
Americans for Financial Reform submitted a letter urging members of the House Financial Services Committee to oppose deregulatory legislation under consideration in a markup scheduled for September 16, 2025. The bills would make the financial system more precarious, but the combination of the deregulatory measure and the broad attack on regulatory independence and regulators is even more dangerous and more likely to increase the likelihood and severity of financial crises. Additionally, these deregulatory bills must be considered not just on their own merits but in the context of the broader administration assault on the independence of the financial regulators, the slashing of supervisory staff, the rolling back of supervisory oversight, and implementing other deregulatory measures.