AFR Supports “The Wall Street Trading and Speculators Tax Act”
AFR signed onto a letter along with more than 60 organizations supporting “The Wall Street Trading and Speculators Tax Act” sponsored by Senator Harkin and Rep. DeFazio.
Category Archives: Letters to Congress
AFR Statement on International Derivatives Transactions
In a statement submitted to the House Agriculture Committee, AFR explains why U.S. oversight agencies must regulate international derivatives transactions in order to protect the U.S. economy.
Military and Consumer Groups Seek Stronger Enforcement of Military Lending Act
Joint letter calls on Senate to approve Reed amendment giving enforcement authority to federal and state agencies.
Congressional Letter on Qualified Mortgages and Ability to Repay
In a letter to the Senate, 40 organizations ask the Senate to reject an amendment granting a legal safe harbor to all QM lenders.
AFR Letter: Safeguard Consumers from Risky Online Payday Lending
[Download PDF] July 24, 2012 The Honorable Jeff Merkley United States Senate Washington, DC 20510 Dear Senator Merkley: We, the undersigned consumer and community organizations, write to support your legislation to protect consumers from high-risk lending on the internet and offline. The Stopping Abuse and
Public Interest Groups Urge Opposition to HR 2827
AFR, The Leadership Conference, AFL-CIO, AFSCME, U.S. PIRG, Public Citizen, and Consumer Federation of America. While this legislation is an improvement on earlier versions of the bill, it still represents a significant weakening of taxpayer protections created by the Dodd-Frank Act to prevent fraud, abuse, and deception in Wall Street financial dealings with municipalities.
AFR Letter: Oppose S. 3468 “The Independent Agency Regulatory Analysis Act”
AFR sent a letter of opposition to members of Congress regarding S. 3468, The Independent Agency Regulatory Analysis Act, which would give the Office of Information and Regulatory Affairs (OIRA) jurisdiction over all independent agencies in the federal government, including all of the financial regulatory agencies.
AFR Letter: Oppose H.R. 2446
AFR sent a letter to members of Congress urging them to oppose H.R. 2446. This legislation will exempt payments related to homeowner warranties (also known as home service contracts) from the Real Estate Settlement Procedure Act’s ban on kickbacks and referral fees. We believe exempting payments related to these products from the ban on kickbacks and referral fees would be harmful to consumers.
AFR and CFA Letter Endorsing S. 3416
AFR and CFA sent a letter endorsing S. 3416, a piece of legislation which would enable the SEC to impose more meaningful fines on those who violate the securities laws and perpetrate fraud.
AFR Letter: Oppose H.R. 6139
AFR sent a letter to members of Congress urging them to oppose H.R. 6139. This legislation would weaken consumer protection against financial abuses, undermine the authority of the CFPB over a huge swath of consumer financial products and services, and override state consumer protection laws through preemption.