View or download a PDF of the letter here. AFREF along with other members of the Save Our Retirement Coalition led a letter in support of the Department of Labor’s Retirement Security Proposal, which would strengthen protections for retirement investors who week professional investment advice.
On December 6, 2023, Senior Policy Counsel Caroline Nagy spoke on a panel about rising insurance costs for affordable housing at the New York Housing Conference. Panelists discussed how the limited availability and increasing prices for property and casualty insurance is making it increasingly difficult
View or download a PDF of the letter here Americans for Financial Reform Education Fund led 25 organizations in signing on to a letter calling on the Consumer Financial Protection Bureau (CFPB) to finalize and strengthen a proposed rule that would address a number of
View or download a PDF of the letters here: Fed, FDIC, OCC Long-Term Debt Requirements Fed, FDIC Guidance for Resolution Plan Submissions FDIC, Resolution Plans for Insured Depository Institutions AFREF submitted comments supporting proposals from the Federal Reserve, the Federal Deposit Insurance Corporation, and the
New report highlights stark discrepancy between Brookfield’s reported emissions and its actual carbon footprint.
The Americans for Financial Reform Education Fund (AFREF), the Institute for Policy Studies, Jobs to Move America, Communications Workers of America, United for Respect, and Take on Wall Street wrote a comment letter to the Office of Management and Budget (OMB) to recommend it be made explicit – in guidance accompanying the final rule – that local and state officials may take responsible action to consider stock buyback expenditures, exorbitant CEO pay, and private equity-driven leveraged buyouts and drastic cost-cutting when awarding federal funds.
View or download a PDF of the letter here. In advance of the Senate and House hearings on the oversight of prudential regulators this week, AFR filed a statement for the record advocating for the Fed, the OCC and the FDIC to finalize key rulemakings,
On November 7th, AFR’s Advocacy and Legislative Director Renita Marcellin testified before the House Financial Services Subcommittee on Financial Institutions and Monetary Policy supporting the Basel Endgame capital proposals. These capital proposals work to build a more resilient financial system and enable banks to better support the
AFR wrote in opposition to the premise of the House Ways and Means Committee hearing titled “Ensuring what ‘Woke’ Doesn’t Leave Americans Broke: Protecting Seniors and Savers from ESG Activism.” This hearing is part of a much broader, unpopular campaign against common sense investment practices that seeks to force financial actors to ignore a slew of financial risks to the detriment of workers’ retirement security.
View or download a PDF of the letter here. AFR and over 30 organizations wrote to House leadership in opposition to eight anti-ESG bills that were marked up by the House Financial Services Committee and the House Committee on Education and the Workforce. These bills are part