AFR, Author at Americans for Financial Reform

Statement: Wall Street Makes Bank on Trump: 2017 in Review

The report includes facts about lobbying spending that hit $2 billion in the last election cycle, and continues unabated, Wall Street executives in the Trump administration and regulatory agencies, tax cut windfalls for the finance industry, and a deregulatory free-for-all. It also includes a case study of how Wells Fargo’s outrageous conduct somehow earned it the distinction of being the biggest winner from the Trump-Republican tax bill.

Joint Letter: AFR, consumer, labor, and economic justice groups urge the NAIC to strengthen best interest standard proposal

View or download PDF version.

AFR Report: Warren Endorses Need for Action on Wall Street Role in Home Rental Market

In the past 10 years, nine big Wall Street firms have fundamentally altered the rental landscape in their targeted cities across 13 states by eliminating the human aspects of the relationship between tenants and their landlord. In some areas, the largest SFR companies own a large percentage of all single family rentals in a given zip code – up to 12.5 percent in some areas.

Letter to Congress: AFR Opposes A Dozen Deregulatory Bills Under Consideration at a House Financial Services Committee Markup

AFR sent a letter to the House Financial Services Committee opposing a dozen bills that would deregulate banks and strip away consumer and investor protections.

AFR Report: Wall Street and Single Family Rentals

Press call TODAY at 12 noon ET. For more information: carter@ourfinancialsecurity.org Report available in PDF form, or embedded below.

AFR Release: Lawsuits Challenge Trump-Mulvaney Attempt to Take Over CFPB

Americans for Financial Reform and the Center for Responsible Lending hosted a press call today with leading experts to discuss two ongoing lawsuits concerning the CFPB director and the administration’s attempts to destroy the CFPB’s independence.

AFR Release: New Polling Memo Shows Debate On CFPB Is Political Winner

Fighting to preserve the mission of the Consumer Financial Protection Bureau resonates strongly with an American public that is still feeling the effects of the Wall Street-induced recession and its continuing ripoffs of its own customers, according to a new polling memo.

AFR Memo: Debate on CFPB Mission Strikes Positive Chord With Public

By overwhelming majorities, across party lines and geographies, the American public supports the mission of the Consumer Financial Protection Bureau, and rejects standard arguments against it.

AFR/TOWS Statement: Unpopular, Harmful Tax Cuts Reward Wall Street Donors

At a time when millions of everyday Americans are struggling with stagnant wages, Republicans decided to use the tax code to reward its contributors. Polls have shown that the Republican tax bill is deeply unpopular. Voters recognize it for what it is: a giant holiday gift to Wall Street and the super rich that the rest of us will be paying off for decades.

Letter to Congress: AFR urges opposition to HR 3312 — a deregulatory gift to the largest banks in the country.

“H.R. 3312 dramatically restricts oversight of some of the largest banks in the country, increasing risks to regional economies and to financial stability, and therefore to the prosperity of families and communities.”