Letter to Regulators: Letter to Treasury on How to Increase Transparency in the U.S. Treasury Market”
AFREF sent a letter to the Treasury Department on how to increase transparency in the U.S. Treasury market.
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News Release: Consumer Advocate Groups Call On FDIC To Reject Ford Credit’s ILC Charter Application
Ford Motor Company should be denied deposit insurance for its proposed new Ford Credit industrial loan company (ILC) charter, the National Community Reinvestment Coalition (NCRC), the National Consumer Law Center (on behalf of its low-income clients), Americans for Financial Reform Education Fund, and the Center for Responsible Lending wrote to the Federal Deposit Insurance Corporation (FDIC) on Wednesday.
Letters to Regulators: A Roadmap for the Federal Reserve
AFREF sent a roadmap for action to the Federal Reserve.
News Release: President Biden’s Student Debt Cancellation Announcement is a Big Win for Borrowers, but Does Not Go Far Enough
President Biden’s decision to cancel student debt and extend the payment pause is welcome news to many borrowers, but the low amount of cancellation and the means-testing requirements leaves many still suffering under the crushing weight of student debt.
Letters to Regulators: Groups Call On FDIC To Reject Ford Credit’s ILC Charter Application
AFREF joined the National Community Reinvestment Coalition, the National Consumer Law Center (on behalf of its low-income clients) and the Center for Responsible Lending in sending a letter to the FDIC saying that Ford Motor Company should be denied deposit insurance for its proposed new Ford Credit industrial loan company (ILC) charter.
News Release: Federal Reserve and OCC Should Reject TD Bank’s Proposed Merger with First Horizon Bank, Groups Write in Comment Letter
Amid growing concern about corporate consolidation, the Center for Responsible Lending (CRL) and Americans for Financial Reform Education Fund are leading a letter calling for the Federal Reserve and the Office of the Comptroller of the Currency (OCC) to reject a proposed merger between TD Bank and First Horizon Bank.
Letters to Regulators: Reject TD Bank and First Horizon Bank Proposed Merger
AFREF and CRL led a letter calling for the Federal Reserve and the Office of the Comptroller of the Currency (OCC) to reject a proposed merger between TD Bank and First Horizon Bank.
In The News: US trustbusters: why Joe Biden is taking on private equity
Natalia Renta, senior policy counsel at Americans for Financial Reform, a not for profit organisation, says: “The private equity lobby is bound to throw up smokescreens about what antitrust law can and cannot do, but that misses the point entirely. Higher prices and lower-quality care leading to increased mortality — both characteristics of sectors where private equity has amassed a presence — are indicators of market power, and that is precisely what antitrust law addresses.”
News Release: Voting Record Highlights Lawmaker Stands on Financial Reform in 117th Congress
Americans for Financial Reform released a record of votes during the first session of the 117th Congress regarding consumer protections, climate financial regulation, and Wall Street accountability. The report includes a selection of votes on legislation and on confirmations of President Biden’s nominees to positions important for financial regulation and Wall Street accountability.
News Release: Coalition tells SEC Rules Must Stop Wall Street Greenwashing & Other Exaggerated Claims that Mislead Investors
More than 90 organizations—including the Action Center on Race and the Economy (ACRE) and Americans for Financial Reform Education Fund (AFREF) —submitted two comment letters to the Securities and Exchange Commission (SEC) today urging the agency to enshrine stronger rules for environmental, social, and governance (ESG) investing to stop the current practice of “greenwashing.”