Letters to Regulators: Letter to FHFA in Response to Equitable Housing Finance Plans RFI
AFREF joined a letter to FHFA in response to their request for input regarding the enterprises’ equitable housing finance plans.
Category Archives: Education Fund
News Release: Statement on Facebook’s Scaling of Cryptocurrency Efforts
Following reports that Facebook is scaling up its cryptocurrency efforts with the launch of a pilot of its cryptocurrency wallet “Novi”, Demand Progress Education Fund and Americans for Financial Reform Education Fund released the following joint statement.
Letters to Regulators: Letter to the Treasury/President’s Working Group on Stablecoin Regulation
AFREF submitted a letter to the Treasury today raising concerns that the President’s Working Group is considering recommending Congress create special bank charters to regulate stablecoins. We instead believe the President’s Working Group should clarify the existing authorities that each of the regulatory agencies have and call on those agencies to exercise their authorities now. We find this especially pertinent given the recent enforcement action brought Friday by the CFTC against Tether.
Letters to Regulators: Letter to CFPB Director Rohit Chopra on the Need for Pre-Foreclosure Protections in 2022
AFREF joined a letter to CFPB Director Rohit Chopra urging for pre-foreclosure protections in 2022 due to the on-going Covid-19 pandemic.
News Release: Labor Department: Retirement Plans and Pensions Right To Consider Sustainability, Jobs, Equity, Workers
Americans for Financial Reform Education Fund (AFREF) applauds the Labor Department for issuing this proposal to better allow and encourage retirement plans and pensions to consider sustainability factors like workers’ rights, racial justice, corporate governance, and climate change when investing.
Letters to Regulators: Letter to CFPB Expressing Concerns About the Treatment of Earned Wage Access Products
AFREF joined a letter to CFPB Director Rohit Chopra expressing concerns about the treatment of earned wage access products.
Letters to Regulators: Letter to Secretary Yellen on Repealing Treasury’s 2019 Guidance on SIFI Designation
AFREF and allies sent a letter to Treasury Secretary Janet Yellen calling on her to rescind the 2019 guidance under the Trump Administration that made it unduly difficult to designate non-banks as Systemically Important Financial Institutions (SIFIs).
Letters to Regulators: Letter Urging HUD, VA, and USDA to Extend the Deadline for Borrowers to Start Forbearance Plans
AFREF joined a letter urging HUD, VA, and USDA to extend the September 30, 2021 deadline for borrowers to start forbearance plans due to COVID-19 hardships.
Letters to Regulators: Letter Urging ED to Fix the PSLF Program and Cancel Student Debt for Public Service Workers
AFREF joined over 200 organizations in a letter calling on ED to take immediate executive action to deliver on the promise of Public Service Loan Forgiveness (PSLF) by cancelling debts owed by all public service workers who have served for a decade or more and to improve the PSLF program.
Letters to Regulators: Letter to HUD on Note Sale Announcement
AFREF joined a letter to HUD in response to its announced notice of intent to sell 1,730 mortgage loan notes in the fall. The letter states that HUD should not resume any note sales without first implementing regulations for the program that promote stable homeownership.