Strong majorities across political parties show concern about the level of student debt in the United States and oppose the Department of Education’s and the Consumer Financial Protection Bureau’s (CFPB) recent actions to weaken protections for students, according to a new poll released by Americans for Financial Reform (AFR) and the Center for Responsible Lending (CRL).
AFR AFL-CIO Comment on Securities Offering Concept Release S7-08-19 September 30, 2019 Vanessa Countryman, Secretary U.S. Securities and Exchange Commission 100 F Street NE Washington, DC 20549-1090 RE: Concept Release on Harmonization of Securities Offering Exemptions, File No. S-07-08-19 To Whom It May Concern: The
Heather Slavkin Corzo, senior fellow at Americans for Financial Reform and director of capital market policies at the AFL-CIO: “The massive growth of private equity over the past decade means that this industry’s influence, economic and political, has mushroomed,” she says. “It’s hardly an exaggeration to say that we are all stakeholders in private equity these days, one way or another.”
Watch highlights of congressional hearing on debt collection here, including a powerful account from Representative Ayanna Pressley (D-MA), her family’s experience, and her plan to combat abusive debt collection practices.
Letter in support of the Federal Reserve’s real-time payments system and the need for consumer protections in real time payments
It was no longer a lonely effort. Mr. Frank, a powerful committee chairman, was now an ally. So was an emerging coalition of progressive groups, labor unions and consumer advocates, known as Americans for Financial Reform. Ms. Warren sought out its leader, Heather Booth, for insight into political organizing. “She knew many of the players on the policy side,” Ms. Booth said. “What she hadn’t been experienced with were the politics.”
House of Representatives Passed HR 1423, the Forced Arbitration Injustice Repeal (FAIR) Act, in a 225-186 vote For Immediate Release: September 20, 2019 Contact: Carter Dougherty or carter@ourfinancialsecurity.org Washington, DC – Today, the House of Representatives passed the Forced Arbitration Injustice Repeal (FAIR) Act in a
Kraninger is wildly unqualified to lead the CFPB: Before her confirmation, she had no experience in consumer protection or financial regulation. Civil rights groups and Wall Street watchdogs [AFR letter linked] uniformly opposed her, while the financial industry supported her—perceiving correctly that she would be, at best, a do-nothing director.
Short Joint Coalition Letter: You can view or download the PDF of the letter here Long Joint Coalition Letter: You can view or download the PDF of the letter here Student Debt Letter: You can view or download the PDF of the letter here Medical Debt
AFR Ed Fund and 230 consumer, civil and human rights, labor, community and legal services organizations from all 50 states and the District of Columbia submitted comment on the Consumer Financial Protection Bureau’s (CFPB or Bureau) proposed debt collection rules.