Category Archives: Fact Sheets and Reports

Fact Sheet: Private Equity Overstates Returns, Downplays Risks

The private equity industry promotes itself as serving the investing public — including union and other pension funds — by providing reliably superior returns than the stock market. But the reality is that PE investments are not necessarily better performers, their promises too often rely

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Report: The Trump Administration, Wall Street, and the Next Recession

This report discusses how the long-term trend to Wall Street-led growth has been harming the public, and some of the ways the Trump Administration is contributing to it. In particular, the report discusses how today’s deregulation of Wall Street will make the next recession worse and increase the likelihood of repeating the bailouts we saw in response to the 2008 crisis.

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Fact Sheet: Wall Street Private Equity Landlords Snapping Up Apartment Buildings

Private equity owns over a million U.S. apartment units. Tenants pay a price when corporate landlords buy their buildings. In some cases, private equity buyers have pushed out lower-income tenants – through rent hikes, eviction threats, and more – to flip buildings into high-rent properties to sell for big profits.

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News Release: Fall 2018 Congressional Voting Record on Where They Stand on Financial Reform

Ten years after the financial crisis, a majority of members of Congress have voted again and again for bills pushed by the bank lobby that are dangerous for our financial stability, undermine consumer and investor protections, and enable racial discrimination in lending. The report, entitled “Where They Stand on Financial Reform,” lays out how each lawmaker voted.

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AFR Backgrounder: Randy Quarles Testimony and Big Bank Regulation

AFR released the document below to provide context on the Congressional testimony of Federal Reserve vice-chair for supervision Randy Quarles, and highlight several areas which we believe Congress should question him about. AFR Backgrounder on Quarles Testimony