Senators who voted to reverse this important CFPB action have also opened the door to challenging long-standing regulatory actions that are crucial to protecting workers, consumers, civil rights, the environment, and the economy
View or download a PDF version of the letter here. April 12, 2018 Dear Representative: On behalf of Americans for Financial Reform, we are writing to urge you to vote against HR 4790, which is being considered on the House floor this week.[1] This bill
FOR IMMEDIATE RELEASE April 11, 2018 CONTACT: Carter Dougherty, carter@ourfinancialsecurity.org, (202) 251-6700 Consumer Groups Launch Website Tracking Mick Mulvaney’s Anti-Consumer Actions WASHINGTON, D.C. – Today, as Mick Mulvaney, the unlawfully appointed Acting Director of the Consumer Financial Protection Bureau (CFPB), testifies before the House Financial
AFR sent a letter to Congress opposing a bill that would massively undermine the oversight of non-bank financial companies that are crucial to financial stability.
AFR sent a letter to Congress opposing a bill that would severely weaken stress testing–a key element of bank supervision and oversight.
As the Trump administration rolls back the greater regulatory scrutiny the for-profit college industry has faced during the last several years, it is private equity that stands to benefit the most, posing continuing dangers to students, taxpayers, and the integrity of the federal financial aid system.
A new report from Americans for Financial Reform and the Private Equity Stakeholder Project documents how the private equity industry has driven the growth — and abuses — of the for-profit higher education industry.
The regulators must act on the same principles in approaching fiduciary rulemakings; anything less leaves investors vulnerable to losing billions of dollars a year to ‘advisors’ who pitch investments that produce greater returns for themselves, but leave the clients earning less.
Washington, DC – Friday at noon, DC activists will rally to close the egregious carried interest loophole outside private equity firm The Carlyle Group.
The legislation approved by a bipartisan majority in the Senate doesn’t serve families or communities, nor is it policy that most Americans support. It puts the interests of financial institutions ahead of the rest of us