AFREF joined the Save Our Retirement Coalition on a letter calling on the Department of Labor to expeditiously update and strengthen the rules governing retirement investment advice to help protect workers and retirees from harmful conflicts of interest.
“The administration’s order includes the recognition that the rapid growth of digital assets as instruments for financial speculation is creating a wide range of serious risks and harms for consumers, investors, and the public at large. It is important that the order recognizes and articulates a set of these risks, and a whole of government approach can help address the scale and scope of the potential harm. It will be important for the studies authorized by the order to generate useful data and momentum for decisive regulatory action,” said Mark Hays, senior policy analyst with AFR and Demand Progress.
In the progressive world, the term is often used interchangeably with political education, but the two are not comparable. That’s because political education centers on its content — it is more “what” than “how.” To be clear, political education isn’t exclusive of popular education. If you want to convey the benefits of ranked choice voting or the mutual aid components of the Black Panther Party, you could just as easily stand at a lectern delivering a monologue as you could opt for a popular education approach, grounded in the experiences in the room. The difference is in method more than content. Popular education uses a horizontal learning structure in which everyone in the room is both teacher and student, no matter the issue being addressed.
Americans for Financial Reform delivered 16,658 petition signatures calling on the Securities and Exchange Commission (SEC) to make it mandatory for large companies and banks to disclose their total greenhouse gas emissions, including financed emissions, to investors and the public.
AFR joined NCLC and SBPC in a letter to Congress in support of the Economic Continuity and Stability Act, which would facilitate the credit industry’s smooth transition from the LIBOR index.
AFR joined a letter in support of H.R.3037, the Housing Survivors of Major Disasters Act.
AFR joined a letter to Treasury expressing concern that their practice of reducing or eliminating payments made in tax refunds to low-income families undermines the social safety net and threatens to push millions of children into poverty.
AFREF’s Consumer Policy Counsel Elyse Hicks testified at the Education Department’s negotiated rulemaking.
AFREF sent a letter commenting on the U.S. Department of Justice’s consideration of whether to strengthen the 1995 Bank Merger Competitive Review.
AFREF released a fact sheet summarizing the SEC’s two sets of rule proposals that will
provide investors and regulators with greater transparency into several aspects of the $18 trillion private fund industry.