Letter to Congress: Letter in Support of Federal Reserve’s Real Time Payments System
Letter in support of the Federal Reserve’s real-time payments system and the need for consumer protections in real time payments
Category Archives: Letters to Congress
Letter to Congress: Joint Letter in Support of the Overdraft Protection Act of 2019
On September 9, 2019, 34 organizations sent a letter in support of the Overdraft Protection Act of 2019.
Letter to Congress: AFR Letter in Support of HR 1423, the Forced Arbitration Injustice Repeal Act (FAIR Act)
On September 9, 2019, AFR submitted a letter of support for HR 1643, the Forced Arbitration Injustice Repeal (FAIR) Act to the House Judiciary Committee.
Letters to Congress: Statement to House Financial Services Committee on Facebook Libra Proposal
The AFR Education Fund sent a statement for the record to the House Financial Services Committee concerning Facebook’s proposal for the Libra digital token and payment system. The statement describes ways in which Facebook is attempting to create an unregulated financial product of potentially global scale and the dangers this would pose to the users of the token and the broader financial system.
Letter to Congress: Letter to House Financial Services Committee on Credit Reporting Package
Credit reports and credit scores play a critical role in the economic lives of Americans. They are the gatekeeper for affordable credit, insurance, rental housing, and sometimes unfortunately even a job. Yet they suffer from unacceptable rates of inaccuracy. This package would enact a sea change that would make the American credit reporting system more accurate and fairer to consumers.
Joint Letter: 8 groups support the Stop Bad Robocalls Act
AFR joined 7 other groups to express support for HR 3755, the Stop Bad Robocalls Act, which provides for enhanced protections against robocalls by: instructing the FCC to issue meaningful and protective regulations interpreting the TCPA to enforce the requirements for consent for unwanted robocalls, mandating
Letter to Congress: Comment on HFSC Leveraged Lending Hearing
Today’s hearing addresses the financial stability and economic risks of the growth of leveraged lending to non-financial businesses. The rapid growth and poor underwriting of high-risk corporate debt is clearly a significant current threat to financial and economic stability.
Joint Letter: Coalition Letter in support of the Green amendment to the Consumers First Act restoring the CFPB arbitration rule
As part of the Fair Arbitration Now (FAN) coalition, AFR sent a letter in support of Rep. Green’s amendment to the Consumers First Act, which would restore the Consumer Financial Protection Bureau’s arbitration rule that was repeated by a Congressional Review Act resolution in 2017.
Letter to Congress: Letter from 30 Groups in Support of the Inclusive Prosperity Act of 2019
Dear Representative or Senator, We are writing on behalf of 30 undersigned organizations to urge you to co-sponsor the Inclusive Prosperity Act of 2019.
Letter to CA State Assembly: AFR Supports the Student Borrower Bill of Rights (AB 376)
Americans for Financial Reform wrote to the California State Assembly in support of AB 376, the Student Borrower Bill of Rights. AB 376 would make California the first state in the nation to create a comprehensive set of rights for people holding student debt, by requiring student loan companies to treat borrowers fairly and giving borrowers the right to hold these companies accountable when they fail to meet basic servicing standards.