Joint Letters: Coalition Response to Crapo/Brown RFI on Data Privacy, Protection and Collection
Coalition response to Senate Banking Committee RFI
All posts by AFR
Letters to Regulators: AFR Education Fund letter to the CFTC regarding proposed rule on Swap Execution Facilities and Trade Execution Requirement
On March 15, 2019, Americans for Financial Reform Education Fund sent a letter to the Commodity Futures Trading Commission expressing several concerns regarding the agency’s “Swap Execution Facilities and Trade Execution Requirement” proposed rules. Read or download a PDF version of the letter.
News Release: Bank Workers, Members of Congress, Consumers, And Community Advocates Will hold Rally And Press Conference Addressing Persistent Predatory And Anti-Worker Practices
Wells Fargo workers have long demanded better protection, including a union, as well as a genuine seat at the table to help ensure the bank’s dangerous practices are kept in check. On the day of the hearing, workers will also deliver a petition to Sloan calling on him to meet with front-line workers to address the toxic, high-pressure environment that still exists for thousands of Wells Fargo employees.
Take Action: Don’t let brokers rip off their clients
Every year, American savers lose up to $40 billion because brokers give them bad advice. In spite of this, SEC Chair Jay Clayton has proposed new rules that won’t stop conflicts of interests that lead brokers to rip off their clients. The SEC should protect small investors, not give away the store to Wall Street.
Congressional Testimony: AFR Senior Policy Counsel Linda Jun Testifies before House Financial Services Committee
On March 7, 2019, AFR Senior Policy Counsel Linda Jun offered testimony at a hearing entitled: “Putting Consumers First: A Semi-Annual Review of the Consumer Financial Protection Bureau” before the House Financial Services Committee.
News Release: Fed Deregulation Of Bank Capital Distributions Increases Risks To The Public
This decision increases risks to the public. It is just one of numerous current and proposed deregulatory changes, to both the stress tests and other prudential requirements, which are currently in process at banking regulators.
News Release: Ahead Of Kraninger Hearing, Advocates Demand To Know Why CFPB Is Attacking Consumer Protections
Today, CFPB Director Kathy Kraninger is set to testify in front of the House Financial Services Committee, marking her first oversight hearing since being narrowly confirmed last December. Kraninger will now have to answer to a new chair, Rep. Maxine Waters, and a majority that is demanding answers to why the agency has sided with the industry over consumers.
Letter from 51 groups in support of the Consumers First Act
Letter from 51 organizations supporting the Consumers First Act
News Release: AFR and Take on Wall Street coalitions applaud Wall Street Tax Act
On Tuesday, Senator Schatz (D-HI) and Representative DeFazio (D-OR) introduced the Wall Street Tax Act, a bill that would tax the sale of stocks, bonds, and derivatives at a rate of 10 cents per $100 of Wall Street transactions.
Letter to Congress: Letter from 61 Groups in Support of the Wall Street Tax Act of 2019
On behalf of the 61 undersigned organizations, we are writing to urge you to co-sponsor the Wall Street Tax Act of 2019 being introduced by Sen. Brian Schatz (D-Hawaii) and Rep. Peter DeFazio (D-Ore.).