Category Archives: Letters to Congress

Statement: AFR Statement for the Record for House Hearing Defending Overdraft Rule and Small Business Lending Transparency

AFR submitted a Statement for the Record to the House Financial Services Committee to oppose both the resolution of disapproval of the CFPB’s overdraft fee rule as well as the legislative proposals that would repeal or weaken the small business and farm lending transparency rules. These proposals will hurt everyday people, including consumers and their families, as well as small business owners and farmers and the communities they serve.

by

Letters to Congress: Letter Urging Senate Majority to Confirm Pending Nominees

Americans for Financial Reform and Public Citizen along with 50 organizations 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.

by

Letters to Congress: AFR Leads 25-Organization Letter Opposing Broad-Brush Congressional Attack on Federal Support for Homeownership, Small Businesses, and Family Farms

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.

by

Letters to Congress: AFR Joins Nearly 80 Environmental Groups Calling on Sen. Schumer to Block Climate-Destroying Crypto Legislation

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.

by

Letters to Congress: Letter in Opposition to anti-ESG bills that threaten workers’ retirement security and our financial system, and weaken tools of corporate accountability

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.

by

Letters to Congress: Support the Nomination of Kristin N. Johnson to Serve as Assistant Secretary for Financial Institutions

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.

by