team, Author at Americans for Financial Reform

Letters to Regulators: AFR commented on a proposal that would cut the minimum required leverage ratio at the largest U.S. banks.

Americans for Financial Reform sent a letter to the Federal Reserve Board of Governors and the Office of the Comptroller of the Currency to comment on a proposal that would reduce the minimum leverage ratio requirements for the largest U.S. banks. Click here to access

Letters to Regulators: AFR commented on Federal Reserve proposed changes to capital rules to implement new stress buffer requirements.

AFR commented on a Federal Reserve proposal that would integrate the capital requirements in its different capital regimes to institute new stress buffer requirements.

Letters to Congress: AFR urges opposition to HR 5970 and HR 6130 in order to preserve disclosures for investors.

Americans for Financial Reform sent a letter to members of the House Committee on Financial Services urging them to reject two bills in today’s markup.

AFR Statement: CFPB Needs a Champion of Consumers, Not an Employee of Mick Mulvaney

The President should have nominated someone with a commitment to that mission months ago, not waited until the last minute to reveal a nomination designed to keep Mick Mulvaney in charge. This nomination is a move to keep the CFPB hobbled and under the thumb of the payday lenders and Wall Street law breakers.

Letters to Congress: AFR Opposes HR 5749 and HR 6035 in House Financial Services Committee Markup

Americans for Financial Reform sent a letter to members of the House Committee on Financial Services urging them to reject two bills in today’s markup.

Letters to Congress: Twenty-nine organizations sent joint letter urging to eliminate all financial deregulatory provisions packaged in the Financial Services and General Government appropriations bill.

Click here for PDF version of the full letter.

Letters to Congress: AFR urges opposition to five bills that would harm investors and undermine oversight of the insurance industry

Americans for Financial Reform sent a letter to members of the House Committee on Financial Services urging them to reject five bills in today’s markup. The bills would harm investor protections and undermine oversight of the insurance industry.

AFR Statement: Mulvaney Makes Common Cause With Payday Lenders to Delay Rule

Mick Mulvaney has been doing the bidding of payday lenders for years, but putting the CFPB’s weight behind a joint legal motion with their lobbyists is a new low, even for him. Mulvaney is now openly making common cause with payday lenders to gut the CFPB’s common-sense protections for borrowers

AFR Statement: Proposal to Overhaul Volcker Rule Would Unravel Key Response to Financial Crisis

This proposal is no minor set of technical tweaks to the Volcker Rule, but an attempt to unravel fundamental elements of the response to the 2008 financial crisis, when banks financed their gambling with taxpayer-insured deposits. If implemented, these proposals could turn the Volcker Rule into a dead letter, a regulation that would not meaningfully restrict trading activities.

Take On Wall Street Poll: Key Findings from Battleground Congressional District Survey on Curbing Wall Street’s Influence

A new nationwide survey of likely 2018 voters in key battleground congressional districts reveals overwhelming, broad-based, and intense support for curbing big banks’ influence in Washington, and holding financial companies accountable for discrimination.