View or download a PDF of the letter here. Americans for Financial Reform and Public Citizen joined exactly 70 labor, community, consumer, environmental, and public interest organizations sent a letter urging the U.S. Senate to reconfirm Commissioner Caroline Crenshaw to the Securities and Exchange Commission. Commissioner
Americans for Financial Reform and Public Citizen along with 77 organizations and labor unions that advocate for racial, social, economic, and climate justice, wrote to urge Senate Majority Leader Schumer to confirm pending nominees for financial regulators and independent agencies like the National Labor Relations Board.
AFR and consumer, community, small business, and farm advocates sent a letter to the House Oversight and Accountability urging them to oppose legislation that aims to privatize federal loan guarantee programs. This measure would be a big win for Wall Street but reduce access, raise costs, and exacerbate racial gaps in homeownership rates, small business formation, and family farm viability.
AFR joined nearly 80 environmental and public interest advocates calling on Majority Leader Schumer to prevent the consideration of deeply flawed crypto legislation being discussed in the Senate Agriculture Committee because it would worsen climate emissions. Crypto is highly energy intensive and has already buoyed fossil fuel power plants, extraction, and climate emissions.
AFR led a coalition of 39 partner organizations in a letter to Speaker Mike Johnson and Minority Leader Hakeem Jeffries opposing H.R. 4790 and H.R. 5339. These bills are part of a broader campaign against common sense investment practices and would undermine workers’ retirement security, weaken corporate accountability, and compromise the integrity of our financial system. The coalition urges Congress to reject these bills, which favor corporate interests at the expense of workers, investors, and the public.
Americans for Financial Reform joined a coalition letter to the California Assembly Natural Resources Committee supporting the passage of SB 219 offering technical amendments to the recently passed historic Senate Bill 253, the Climate Corporate Data Accountability Act, and Senate Bill 261, the Climate-related Financial
AFR signed on to a letter urging leaders of the House Appropriations Committee to undo irresponsible funding cuts and reject the harmful riders in the Fiscal Year 25 Commerce, Justice, Science, and Related Agencies (FY25 CJS) Appropriations legislation passed by the House Commerce, Justice, and Science (CJS) Subcommittee.
AFR and coalition members signed onto a letter urging the Senate to support the nomination of Kristin N. Johnson to Serve as Assistant Secretary for Financial Institutions at the Department of the Treasury. Johnson is a highly accomplished scholar of financial regulation, and has ably worked with stakeholders as a Commissioner of the Commodity Futures Trading Commission promote market stability and integrity, and protect market participants and investors from misleading, deceptive, or fraudulent practices.
AFR and coalition members signed onto a letter urging the Senate to support the nomination of Christy Goldsmith Romero to be Chair and Member of the Federal Deposit Insurance Corporation. Goldsmith Romero led the office of the Special Inspector General for the Troubled Asset Relief Program and has decades of experience regulating financial institutions and markets, broad and deep knowledge of the financial system, and a record of commitment to the public interest.
AFR and coalition members signed onto a letter urging the Senate to support the nomination of Caroline A. Crenshaw to Serve as a Commissioner of the U.S. Securities and Exchange Commission for another term. Commissioner Crenshaw was unanimously confirmed in 2020 and her distinguished service at the SEC fully justified this Senate support. Crenshaw has worked tirelessly and skillfully with all stakeholders to advance the mission of the SEC.