All posts by team

sign for the CFPB outside a building

Webinar: The Consumer Financial Protection Bureau’s 10th Birthday, with Senator Elizabeth Warren and Chairwoman Maxine Waters

The creation of the CFPB was a crucial, hard-won victory for the thousands of advocates, activists, allied organizations, and community leaders in AFR’s coalition. On Monday, July 19, these groups and individuals  gathered virtually to commemorate the 10th anniversary of the CFPB and celebrate the bureau’s leadership in fighting for a just financial system. 

Brookings Institution Webinar: The Future of Bank Overdraft Fees 

On Thursday,  July 15, Linda Jun, senior counsel at Americans for Financial Reform Education Fund, spoke on a panel about the harms of bank overdraft fees and alternatives to the current system. She was joined by other consumer advocates and representatives from banks and financial technology firms that are creating alternatives to bank overdraft fees. The panel focused on new tools and technologies designed to help consumers avoid overdraft fees while maintaining flexible banking options. 

Federal reserve board

Letters to Regulators: Letter to the Federal Reserve on Access to Fed Master Accounts and Financial Services

AFREF submitted a comment to the Federal Reserve on its “Proposed Guidelines for Evaluating Account and Service Requests” urging the Federal Reserve to limit access to its payments systems to well-regulated and well-supervised depository institutions to safeguard rules that protect consumers, ensure the stability of the payments system, and require community reinvestment.

A pair of hands writing on paper with a pen

Letters to Regulators: Letter to OMB in Response to Racial Equity RFI

AFREF joined a letter to the Office of Management and Budget in response to their RFI asking for input on how to identify effective methods for assessing whether agency policies, programs, services, processes, and operations equitably serve all eligible individuals and communities, particularly those that are currently and historically underserved.