Joint Letter: Letter to Congress in support of the Consumer Credit Control Act
Coalition letter in support of the Consumer Credit Control Act.
All posts by AFR
Letter to Congress: Joint Letter Supporting URLA Legislation
AFR Language Access Task Force and partner organizations sent up a letter in support of legislation to restore the URLA language preference question.
Letter to Regulators: AFR Urges FDIC Not to Weaken Securitization Safe Harbor
The AFR Education Fund wrote to the FDIC urging them to maintain comprehensive disclosure requirements for securitizations that are backed by depository banks. The agency is proposing to exempt private offerings from these requirements. Most of the toxic mortgage securitizations sold prior to the financial crisis were private offerings.
Op-Ed: Don’t buy what Zuckerberg’s selling on Libra (American Banker)
“When Facebook CEO Mark Zuckerberg testifies before Congress this week, he’ll likely try to justify the launch of the Libra cryptocurrency in the face of regulatory attempts to block it. But make no mistake: This project is an effort to mint a global supercurrency — and harness power beyond government reach.” Raúl Carrillo, Americans for Financial Reform Education Fund and Demand Progress Education Fund
News Release: Joint Statement from AFR & U.S. PIRG – Supreme Court agrees to hear case about limits of executive power
The U.S. Supreme Court has agreed to decide whether the Constitution allows the president to fire the director of the Consumer Financial Protection Bureau (CFPB) only for cause.
News Release: Disparate Impact Rollback Proposal Will Enable Discrimination
Today, Americans for Financial Reform Education Fund submitted a comment to the Department of Housing and Urban Development (HUD) in opposition to its proposed rule on disparate impact.
Letters to Regulators: Joint Letter to HUD Opposing Disparate Impact Rollback
The 45 undersigned consumer, housing, civil rights, labor, and community organizations write to express our strong opposition to the proposed changes to the disparate impact standard (“Proposed Rule”) as interpreted by the U.S. Department of Housing and Urban Development (“HUD”).
News Release: Top Questions CFPB Director Kathy Kraninger Must Answer
Over the course of two days, the director of the Consumer Financial Protection Bureau, Kathy Kraninger, is testifying before both the House Financial Services and Senate Banking Committees. These are the top questions that Director Kraninger must answer as she testifies:
Letter to Regulators: Coalition letter to CFPB on mortgage data disclosure (HMDA)
A coalition of 27 civil rights, community, consumer and other groups challenges CFPB’s consideration of reducing home lending disclosure, a critical tool to stop lending discrimination and hold banks accountable for their record of lending to communities of color and lower income neighborhoods.
News Release: 2019 AFR/CRL Poll Shows Broad Support for Continued Wall Street Reforms in Early Primary States
As candidates vie to set the agenda for the next presidency, Democratic primary voters in Iowa, New Hampshire, Nevada, and South Carolina strongly support a tough approach to oversight and reform of Wall Street, according to a new poll conducted by the bipartisan team of Lake Research Partners and Chesapeake Beach Consulting.