Americans for Financial Reform joined Sen. Elizabeth Warren and other coalition members on the steps of the Supreme Court Thursday to celebrate the Court’s favorable ruling in CFPB vs. CFSA, a case in which the payday lending lobby, with the support of Wall Street, sought to destroy the funding mechanism of the Consumer Financial Protection Bureau.
Alexa joined the Energy and Environmental Markets Advisory Committee on April 10 to speak to the importance of the regulators’ large bank capital proposals. She explained key parts of the proposal impacting derivatives clearing and why all participants in the commodities derivative markets, whether exchanged traded, cleared, or uncleared, should support the proposals in the interest of a stable, more resilient financial system.
Americans for Financial Reform, together with Better Markets, welcomed Anat Admati, Professor of Finance and Economics at the Stanford School of Business, together with esteemed panelist, Assistant Professor of Business Law at Michigan Ross, Jeremy Kress, to discuss the recent update to Anat’s co-authored book, The Bankers’ New Clothes: What’s Wrong with Banking and What to Do about It, which debunks myths about bank capital.
Wall Street private equity firms have experienced exponential growth, accumulating substantial influence across critical sectors of the economy. From corporate landlords displacing tenants to healthcare facilities suffering under private equity ownership, the impact is far-reaching.
Join us on March 14, 2024, at 1:00 PM, as we will examine the widespread harm that all businesses and investors would suddenly face if the Securities and Exchange Commission’s broadly accepted requirements for truthful disclosures and rules protecting investors are overturned by the courts. SEC rules are facing scrutiny in a number of ongoing legal cases.
Join us for a pivotal fireside chat on March 7, 2024, at 2:00 PM, on the pressing issue of reparations. “Reparations: How to Fund Them & Avoid a Wall Street Takeover” brings together thought leaders Jeremy Bearer-Friend (George Washington University Law), Alvin Velazquez (SEIU), and moderator Ericka Taylor (Take On Wall Street and Americans for Financial Reform) for an in-depth discussion on innovative funding strategies for reparations and safeguarding the initiative from financial industry exploitation.
Alexa Philo, senior policy analyst, banking, systemic risk, and economic & racial justice at Americans for Financial Reform, participated in the second panel, titled “Resolving Failing Banks.” This panel explored the weaknesses exposed in the current approach to resolving failing banks and potential solutions.
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
In September, the Centers for Medicare and Medicaid Studies (CMS) issued a rule that would require a minimum staff to patient ratio in nursing homes. This is a historic action by the Biden Administration. However, the ratio must be stronger to protect residents and workers.
Jake Bittle and The Great Displacement: a Conversation about Housing Displacement and Climate Change On September 26, 2023 Americans for Financial Reform Education Fund hosted Jake Bittle, author of “The Great Displacement: Climate Change and the Next American Migration” along with housing experts and community