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Press Release: Coalition Condemns Sweeping CFPB Deregulation Bill
Today, dozens of consumer, community, and civil rights organizations, sent a letter to the House Financial Services Committee urging them to reject the CFPB Reform Act of 2026, a new proposal that, if passed, would severely limit the Consumer Financial…
The Latest from AFR
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Big Tech, Crypto, and Wall Street Money is Flooding the Midterm Elections
Both the finance and tech sectors have spent heavily on Congressional primary and runoff races across the country in this election year. Two intertwined political action committees (PACs) — Fairshake, which focuses on cryptocurrency, and Leading the Future, which focuses on artificial intelligence (AI) — and their affiliates have been especially active. Both PAC networks…
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AFR in the News
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New York Times: Companies Can Tell Investors Less Under Proposed S.E.C. Rules
The riskiest consequence, according to watchdogs like Americans for Financial Reform, would be to exempt those companies from more thorough independent audits to help ensure that the financial statements companies provide to investors and the S.E.C. are accurate.
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The Maine Monitor: Eliot mobile home park residents couldn’t get issues fixed. So they pleaded with state officials for help
Caroline Nagy, the associate director of housing policy for Americans for Financial Reform Education Fund, said it is typical for owners to create limited liability companies for each property. This can make it difficult for residents to know who to hold responsible when there is a problem.
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Roll Call: Crypto bill in limbo as stakeholders ramp up recess efforts
Mark Hays, associate director for crypto and fintech at Americans for Financial Reform and Demand Progress, is an opponent of the bill. The delay is both good and bad for his side, he said. “It signals a more difficult path [for the bill], but the door is left open for some sort of Hail Mary…
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Fact Sheet: Curbing Stock Buybacks Would Strengthen the Economy
Curbing stock buybacks would push companies to invest in their workers, productive capacity, and innovation. Stock buybacks are when a company purchases its own shares, resulting in fewer outstanding shares, an artificially higher share price, and higher executive pay.