All posts by admin
Toxic Money: Wall Street’s Evil Twin—How Private Equity Propels the Climate Crisis
The private equity industry has pumped hundreds of billions of dollars into fossil fuel companies with little scrutiny.
“Ethically Challenged” Book Talk with Prof. Laura Olson
Prof. Olson calls for governments to curb the spread of the private equity industry in health care through regulations and changes to tax laws.
Building Power with Popular Education
Popular education is essential to building an equitable future — especially for base-building organizations.
Letter to Regulators: The Fed must recognize its own regulatory failures and take action in the wake of Archegos
Americans for Financial Reform Education Fund wrote the Fed to express concerns over the blow-up of the Archegos family fund. This incident reveals both the dangers of excessive leverage at private funds, and the failure of banking regulators, including the Federal Reserve, to properly regulate bank interactions with such funds. To address these issues, the Federal Reserve must investigate its own regulatory failures in this case and publicly disclose the lessons learned from this investigation, and must also work with the Financial Stability Oversight Council to address the risks of excessive leverage at private funds.
Joint Statement: Treasury Climate Counselor Position Is Essential, But Appointee’s Lack of Financial Regulatory Experience Is Disappointing
WASHINGTON, D.C. – Today, the U.S. Department of the Treasury announced the appointment of John Morton as Climate Counselor at the Department. In March, Public Citizen and Americans for Financial Reform issued a blueprint for using financial regulatory tools in response to the climate crisis: Climate
Joint Statement: Over 415 Orgs Call on President Biden to Cancel Federal Student Debt Immediately using Executive Action
Today, over 415 organizations sent an updated letter to President Biden and Vice President Harris, calling on them to use executive authority to cancel federal student debt immediately. In the letter, the 416 advocacy groups highlight that cancelling student debt would stimulate the economy, help reduce racial wealth gaps, and could have a positive impact on health outcomes.