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Blog: Don’t Let Wall Street Gamble with Your Golden Years
Your retirement savings are supposed to be the safest money you’ll ever have — not a roll of the dice. The whole point of a 401(k) and other retirement plans is to let you gradually build wealth that brings economic…
The Latest from AFR
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From Public Pensions to Private Fortunes: How Working People’s Retirements Line Billionaire Pockets
Despite the many negative impacts of the private equity business model on working people, it is working people’s own capital in the form of public pension funds that private equity has relied upon for its expansion. Over a trillion dollars in private equity deals close each year, and public pension funds are by far their…
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AFR in the News
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NYT: Elon Musk Could Become First Trillionaire Under New Tesla Pay Plan
“His own median worker is making $57,000 while he is awarded a pay package that could add up to $1 trillion by being a part-time C.E.O.,” Ms. Renta said. “It’s just very outrageous.”
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Rolling Stone: Susan Collins Raked in Wall Street Cash Before Advancing Trump Tax Bill
Ahead of the vote, the watchdog Americans for Financial Reform sent a letter urging senators to let the loophole, which was set to sunset in 2025, expire.
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WSJ: Private Equity Ramps Up PR, Branding Efforts for 401(k) Push
“I think that private equity is seen right now as one of the worst actors on Wall Street,” Valdes-Viera said. “At this point, it’s going to take a lot to rebrand them and portray them as a good steward of retirement savings.”
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Fact Sheet: CLARITY Act Worse than Last Year’s FIT 21 Crypto Deregulation
From Bad to WorseKey Differences Between Crypto-Backed CLARITY Act and FIT 21 Deregulation Click here for a PDF of this document. This year’s crypto market structure legislation promoted by the industry shares many of the flaws of last year’s crypto legislation, but the deregulatory elements in the Digital Asset Market Clarity Act of 2025 (H.R.
