Washington, D.C. – The Securities and Exchange Commission (SEC) today finalized a plan to require private funds, which include hedge funds and private equity firms, to disclose more information about their investments to the SEC.
Washington, D.C. – The sale of First Republic Bank to JPMorgan Chase this weekend has highlighted the urgency of strengthening guardrails around Wall Street megabanks while also laying the groundwork for a longer-term effort to reduce concentration in the banking sector.
Washington, D.C. – The report by the Federal Reserve on the collapse of Silicon Valley Bank only highlights the need for federal regulators to tighten oversight of banks as soon as possible to both remedy the errors of the past, and to forestall further financial contagion. At the same time, a fully independent probe of the Fed’s actions, including its leadership, remains vital.
Washington, D.C. – New Congressional hearings today on crypto regulation will likely fail to adequately address the many risks that the industry posed to consumers, investors and financial markets by crypto assets and actors, according to advocates with Americans for Financial Reform and Demand Progress.
Washington, D.C. – The investigation into the crisis unleashed by the failure of Silicon Valley Bank must scrutinize Federal Reserve Chair Jerome Powell’s role in the lead-up to the crisis, according to a fact sheet released by Americans for Financial Reform Education Fund.
A new investigation released today reveals that the Carlyle Group (Carlyle), a private equity titan with $373 billion in assets under management, has been quietly scooping up fossil fuel assets over the past decade, in contravention of its stated climate goals.
WASHINGTON, D.C. – Starting today at 10 AM ET, the U.S. House Committee on Financial Services will hold a markup and vote on several pieces of legislation, including a wide-ranging bill that would undermine the Consumer Financial Protection Bureau (CFPB) and support predatory lenders.
Regulators should move promptly following the repeal of Trump-era guidance that hamstrung the Financial Stability Oversight Council (FSOC) to research, identify and designate potential new systemic risks, according to Americans for Financial Reform Education Fund.
The Federal Housing Finance Agency’s (FHFA) proposed rule to codify several existing measures to ensure a fair and accessible housing finance system will require housing giants Fannie Mae and Freddie Mac (the Enterprises) to collect and report information about mortgage applicants’ language preference, according to Americans for Financial Reform Language Access Task Force members.
A new stablecoins bill proposal being discussed today in Congress would fail to adequately address the many risks that the industry posed to consumers, investors and financial markets, according to Americans for Financial Reform, Demand Progress and a dozen consumer protection groups. The bill is a focus of today’s hearing held by the House Financial Services’ Subcommittee on Digital Assets, Financial Technology and Inclusion.