Americans for Financial Reform welcomes the Department of Education’s announcement that they will extend the closed school discharge window for students who attended ITT Tech back to 2008.
AFREF joined a letter to the Education Department recommending protocols for the upcoming negotiated rulemaking.
AFR joined a letter urging Congressional leaders to make sure that policies across the housing continuum are comprehensively included in the Budget Reconciliation Bill, especially those with a strong focus on affordable homeownership.
AFREF joined a letter in support of HUD’s Proposed Rule to reinstate the discriminatory effects standard.
AFREF and 37 organizations sent a letter in support of HUD’s Proposed Rule to reinstate the discriminatory effects standard.
AFREF joined a letter to comment on HUD’s response to the COVID-19 pandemic through Mortgage Letter 2021-18. The letter calls on HUD to take further steps to ensure that its program operates as intended and that borrowers are able to obtain the relief they need to avoid unnecessary foreclosures.
AFR joined a letter to Speaker Pelosi making it clear that the President does have the authority to cancel student debt.
Reappointing Mr. Powell “would be disappointing” for those who care about Mr. Biden’s agenda to address financial regulation, climate change and racial wealth gaps, said Erik Gerding, a senior fellow at Americans for Financial Reform, a nonprofit that argues for tougher financial regulation. “Having Jerome Powell continue would just mean one less vote for sustained and healthy regulation of the banking system.”
Americans for Financial Reform mourns the passing of AFL-CIO President Richard Trumka, and our thoughts are with his family, friends, and the workers for and alongside whom he fought for decades. President Trumka was committed to the fight for Wall Street accountability as an important ingredient of advancing worker rights and racial and economic justice, and under his leadership, the AFL-CIO has been a key pillar of the fight for a fairer, financial system. We will continue to be inspired by him as we continue to work for economic justice and racial equity.
Federal Reserve Board Chair Jerome Powell has presided over a broad deregulatory agenda that has made our financial system less resilient and driven rising wealth and income inequality.