Letters to Regulators: Letter to ED on 90/10 Implementation
AFREF joined a letter in response to the Education Department’s request for public comments on a rule to fully implement closure of the 90/10 loophole.
Category Archives: Education Fund
Statement: AFR Statement on President’s Working Group Report on Stablecoins
The Americans for Financial Reform Education Fund views the current state of the stablecoin market as a danger to consumers and to financial stability, and we are disappointed that the President’s Working Group (PWG) has focused on Congressional action as the central path for responding to these challenges.
Letters to Regulators: Letter Urging the OCC to Rescind its 2020 Rule Regarding the CRA
AFREF joined a comment letter in response to the OCC’s proposal to rescind its 2020 rule regarding the Community Reinvestment Act regulations. The letter urges the OCC to rescind the final rule as quickly as possible.
Letters to the Administration: Over 100 Groups Urge President Biden to Cancel Student Debt
AFREF joined over 100 other groups in sending a letter urging President Biden to cancel student debt.
Letters to the Administration: Letter Urging Ambassador Susan Rice to Protect Civil Rights in the Use of Data-Driven Technologies
AFREF joined a letter urging Ambassador Susan Rice to place a high priority on ensuring data-driven technologies, including algorithmic decision making, artificial intelligence, and machine learning increasingly used to make important decisions about people’s lives, protect civil rights, prevent unlawful discrimination, and advance equal opportunity.
Letters to Regulators: Letter to FHFA in Response to Equitable Housing Finance Plans RFI
AFREF joined a letter to FHFA in response to the enterprise equitable housing finance plans request for input.
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.
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.