team, Author at Americans for Financial Reform

Joint Letter: Nominate Progressive Candidates to Financial Regulators

The need for strong public interest nominees is even greater today. This Administration has been
filling key regulatory positions with people pursuing Wall Street’s agenda at the public’s expense,
and the revolving door is spinning faster than ever. There is an enormous amount at stake at both
the SEC and FDIC as the financial industry and their friends in the Trump administration work to
undo the progress made in Dodd-Frank and to undermine key investor protection standards.

AFR Statement: S. 2155 Ignores Lessons of Financial Crisis, Flouts Will of Voters

This legislation ignores the lessons of the financial crisis that cost so many Americans their jobs and homes, and pays no heed to the overwhelming majority of voters who correctly understand the need for tougher, not weaker, oversight of the financial services industry.

Letters to Regulators: AFR opposed roll back of transparency disclosures to investors in SEC proposed rule “Investment Company Liquidity Disclosures.”

AFR commented on the roll back of transparency disclosures to investors in the SEC proposed rule “Investment Company Liquidity Disclosures.”

Letters to Congress: AFR urges opposition to two bills in House Committee on Financial Services markup.

AFR sent a letter to members of the House Committee on Financial Services urging them to oppose two bills in today’s markup.

Take On Wall Street Poll: Messaging the Financial Transaction Tax

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, including solid backing for a Financial Transaction Tax, especially if it’s referred to as a “sales tax”.

Letters to Congress: AFR Urges House Members to Oppose S. 2155 in Order to Preserve Financial Protections.

AFR sent a letter to members of the House of Representatives urging them to vote in opposition to the Bank Lobbyist Act.

TOWS/AFR Statement: New Poll Reveals Strong Public Support to Stop Lending Discrimination

A new poll reveals overwhelming public support for government action to stop lenders from discriminating against borrowers of color. Lawmakers who voted to roll back the Consumer Financial Protection Bureau’s effort to guard against discrimination in auto lending were steering against the will of their own voters.

Take On Wall Street Poll: Voters Support Efforts to Fight Lending Discrimination

Across parties and regions, American voters believe the government should fight discrimination by financial firms against African-Americans and Latinos in lending.

AFR Statement: Wall Street Money Hits $719 Million in 2017, Headed Past $2 Billion in this Election Cycle

Wall Street pumped $719 million into the political process in 2017, a rate that puts it on pace to outstrip the record $2 billion it spent during the 2015-2016 campaign cycle, according to a new report by Americans for Financial Reform.

AFR Report: Wall Street Money in Washington in 2017

In the first twelve months of the 2017-18 election cycle, Wall Street banks and financial interests have reported spending $719 million to influence decision-making through campaign contributions and lobbying. That total works out to about $2.0 million a day. The financial sector is by far the largest source of campaign contributions in federal elections, and the third largest spender on lobbying