Fact Sheet: Stop Wall Street Looting Act of 2021 Provisions
A section-by-section of Sen. Warren’s plan to address the predatory elements of the private equity business model that harm workers, investors, and communities.
Category Archives: Fact Sheets and Reports
Fact Sheet: Stop Private Equity from Driving Retailers into Bankruptcy, Destroying Jobs and Livelihoods
Private equity has had a disastrous impact on the retail industry, driving dozens of firms into bankruptcy, shutting down tens of thousands of stores, and costing hundreds of thousands of jobs nationwide.
Fact Sheet: Stop Private Equity-Owned Nursing Homes from Extracting Profits at the Expense of Care
Private equity firms have bought up thousands of nursing homes across the country, lowering the quality of care and harming residents.
Fact Sheet: The Stop Wall Street Looting Act: End Private Equity’s Predatory Practices
By creating accountability for the Wall Street tycoons who lead private equity takeovers and reversing the policies that enable wealth extraction, this set of policies can protect workers, families, and communities.
Fact Sheet: Private Equity is the Driving Force Behind Surprise Medical Billing
Private equity firms have driven much of the rise in surprise billing that threatens the financial stability of vulnerable patients as well as families’ health and peace of mind.
Fact Sheet: Close the carried interest loophole that is a tax dodge for super-rich private equity executives
The carried interest tax loophole is an income tax avoidance scheme that allows private equity and hedge fund executives — some of the richest people in the world — to substantially lower the amount they pay in taxes, exacerbating income and wealth inequalities.
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.
Fact Sheet: Deregulation at the Powell Fed
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.
Policy Recommendations: AFR Housing Priorities for 2021
AFR released housing policy recommendations to promote equitable housing access for all people in the United States, minimize pervasive harm from the COVID-19 pandemic, hold predatory actors accountable, and expand sustainable opportunities in communities of color.
Memo: Sustainable Investing Under the New ERISA ESG Rules
Despite recent DOL rule changes, private retirement plan fiduciaries can still incorporate ESG factors into their investment actions to protect their participants’ retirement savings, maximize returns, and contribute to a more sustainable financial system. Here’s what you need to know.