AFR led a letter from a broad coalition of 33 groups representing civil rights, financial reform, and consumer advocate groups in support of H.R. 5912 the “Close the ILC Loophole Act.”
AFR joined a letter to Congress in support of S. 4145, the Consumer Protection Remedies Act of 2022. This bill would restore the Federal Trade Commission’s (FTC) authority to stop misconduct in the marketplace, and critically, to provide timely refunds and equitable relief to victims of consumer fraud and deception.
AFR led a letter to Congress with 26 signers in support of the Opportunity Zone Reform Act.
Letter to Congress: Joint Letter with Consumer Advocacy Groups, Credit Unions, and Banking Industry Groups Calling on Congress to End Banking Loophole
AFR joined a broad coalition of bank and credit union associations and consumer organizations in submitting a letter to the U.S. House Committee on Financial Services urging passage of the Close the ILC Loophole Act, introduced by Representatives Chuy Garcia (D-IL) and Lance Gooden (R-TX).
AFR led a letter to the House Financial Services Committee in support of Rep. Carolyn Maloney’s Overdraft Protection Act of 2021.
We, the undersigned organizations, write to you as advocates of transparency in digital asset markets. The cryptocurrency market boom has led to large corporations investing in the field, including Facebook (now Meta), whose problematic “Libra” cryptocurrency proposal was scrutinized in a 2019 hearing held by the Committee, at your direction. Facebook has since abandoned the project in light of the concerns raised at this hearing and due to push back from policymakers, public interest organizations, and financial regulators.
AFR joined NCLC and SBPC in a letter to Congress in support of the Economic Continuity and Stability Act, which would facilitate the credit industry’s smooth transition from the LIBOR index.
AFR joined a letter in support of H.R.3037, the Housing Survivors of Major Disasters Act.
Letters to Congress: Letter in Support of Student Loan Rehabilitation and Credit Score Improvement Act
AFR sent a letter to Congress supporting H.R. 6466, Representative Nikema Williams’ Student Loan Rehabilitation and Credit Score Improvement Act.
AFR joined a letter to Congress encouraging the Senate to swiftly discharge and confirm the four highly qualified nominees for positions at the U.S. Department of Housing and Urban Development (HUD).