Category Archives: Education Fund

Letters to the Regulators: Letter in Support of Proposals to Reduce Systemic Risk

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

Letters to the Regulators: Letter in Support of Revisions to OMB Guidance for Grants and Agreements

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.

Congressional Testimony: Renita Marcellin, AFR’s Advocacy and Legislative Director, Testifies Before the HFSC, Financial Institutions and Monetary Policy Subcommittee

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