All posts by AFR

sunrise over a field of wind turbines

Fact Sheet: Bank Supervision and Climate Risk

Americans for Financial Reform Education Fund and partners Public Citizen, Natural Resources Defense Council, and Center for American Progress released a white paper outlining the key elements that federal bank regulators—including the Federal Reserve Board, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration—can and should incorporate into public supervisory guidance for banks on assessing and addressing the risks faced by banks from climate change.

Letters to Regulators: Treasury Climate Finance Report

Americans for Financial Reform joined 38 organizations urging Secretary Yellen to produce a bold Treasury climate finance report. Climate change poses an existential threat to the economic security of households and communities across the nation and to the financial system. As the Chair of the FSOC, it is up to Secretary Yellen to lead the writing of a Treasury report that can serve as a comprehensive roadmap that recognizes the urgency and severity of the climate crisis, includes specific policies beyond assessment and disclosure, and encourages each of the independent agencies to use all available tools to mitigate climate risk and its drivers.

the White House

Letters to the Administration: Pause Deportation of Haitians and Respect Due Process

AFR joined the Leadership Conference on Civil and Human Rights and many other organizations “to urge [President Biden] to immediately pause the removal of Haitians to Haiti and uphold basic due process and human rights for Haitians seeking asylum at the U.S. border. We also call upon your administration to investigate the treatment of migrants and conditions near the Del Rio, Texas port of entry.”