Letter to Congress: Protect Investors and Reject HR 1585
AFR sent an opposition letter to HR 1585 when it was being considered on the House floor. AFR HR 1585 Opposition Letter
Category Archives: Letters to Congress
Letter to Congress: AFR Urges House Financial Services Committee To Reject 19 Deregulatory Bills
AFR sent the letter below to the House Financial Services Committee urging them to reject nineteen deregulatory bills. AFR Letter Re HFSC 10-11 Markup
Joint Letter: AFR and 16 groups urge “firm and assertive” action to guard consumers against credit-bureau abuses
“We write to express our grave concerns over [Equifax’s] slow response to the
breach and then its shifting, maddening, and ultimately inadequate response to consumers including
our members, clients and other constituencies. We write with several recommendations for what
Congress should and should not do in response.”
Letter to Congress: Support amendments to strike anti-consumer riders in House appropriations bill
Dear Representative, On behalf of Americans for Financial Reform, we are writing to express our opposition to the the appropriations bill for Financial Services and General Government (FSGG) to be considered by the House as Division D of H.R. 3354. Titles IX of Division D
Letter To Congress: Oppose HR 3312 — A Gift To Some Of The Largest Banks In The Country
“On behalf of Americans for Financial Reform, we are writing to express our opposition to H.R. 3312, the “Systemic Risk Designation Improvement Act of 2017.” This legislation is a gift to some of the largest banks in the country. The cumbersome regulatory process laid out
Letter to Congress: AFR opposes nomination of Joseph Otting for Comptroller of the Currency
“Mr. Otting previously served as the CEO of OneWest from 2010 to 2015. During that time, the bank had a well-documented record of consumer complaints, a questionable response to regulatory inquiries, and executed tens of thousands of foreclosures. “
Letter to Congress: Randal Quarles should not be confirmed as Federal Reserve Vice-Chair for Supervision
“In selecting Mr. Quarles, the Trump Administration has reached back to the economic team of the Bush Treasury, where Mr. Quarles served from 2001 to 2006…. Like the rest of the Bush Administration team, Mr. Quarles showed no evidence of being aware of the historic meltdown of the U.S. and global financial sector that was about to occur, or of the significance of the toxic and fraudulent Wall Street activities that were taking place on his watch.”
Letter to Congress: Oppose Confirmation of Christopher Giancarlo for CFTC Chair
AFR sent the letter below to the Senate Agriculture Committee urging Senators to oppose the nomination of Christopher Giancarlo for chair of the Commodity Futures Trading Commission. AFR Opposition Letter To Confirmation of J Christopher Giancarlo
Letter to Congress: AFR opposes Neomi Rao’s confirmation as Administrator of OIRA
“Americans for Financial Reform opposes the confirmation of Neomi Rao as Administrator of the Office of Information and Regulatory Affairs (OIRA). Professor Rao’s announced views demonstrate an extreme disregard for the independence of financial regulatory agencies and an unwarranted hostility to critical financial protections.”
Letter to Congress: Oppose H.R. 10 – The Wall Street’s CHOICE Act Would Devastate Financial Regulation
“H.R. 10, the ‘Financial CHOICE Act’… would be better dubbed ‘Wall Street’s CHOICE Act,’ as it would have a devastating effect on the ability of regulators to protect consumers and investors from Wall Street exploitation and the economy from financial risks created by too-big-to-fail megabanks. It would expose consumers, investors, and the public to greatly heightened risk of abuse in their regular dealings with the financial system, and our economy as a whole to a far greater risk of instability and crisis.”