Statements and Press Releases Archives - Page 12 of 81

News Release: 58 Organizations Oppose Anti-ESG Agenda

Washington, D.C. — Ahead of upcoming House Financial Services Committee hearings on utilizing environmental, social, and governance (ESG) factors in investments, Americans for Financial Reform has submitted a letter for the record, backed by 58 organizations, that expresses strong opposition to the anti-ESG agenda. The letter specifically responds to a recent ESG Working Group memorandum on the subject and a series of bills they are proposing.

News Release: Biden Should Use Existing Tools to Reform Private Equity in Health Care

Washington, D.C. – The Biden administration and Congress should use all available means to curb the increasingly harmful effects of private equity’s control of massive swaths of the healthcare sector, according to a new report from Americans for Financial Reform Education Fund.

News Release: Payday Lender, Eastman Briefs Highlight Weak Legal Case Against CFPB

Washington, D.C. — Briefs filed by the payday lending lobby and John Eastman, the lawyer who tried to help former President Trump overturn the 2020 election, highlight the extremely weak legal case that this predatory industry has against the funding of the Consumer Financial Protection Bureau, a vital federal agency that polices the financial services market on behalf of everyday people.

News Release: Federal Insurance Office Report Sees Fragmented Approach to Climate-Related Risks

WASHINGTON, D.C. – The U.S. Treasury Department’s Federal Insurance Office (FIO) today released a report on climate-related regulation and supervision of insurers. The report assesses the limitations of existing regulation and includes 20 recommendations.

News Release: House FSGG Appropriations Bill Would Undermine Financial Reform

Washington, D.C. – The House Financial Services and General Government Appropriations Subcommittee approved yesterday a funding bill loaded with at least 51 dangerous policy riders that would roll back financial reform and undermine consumer, and investor protections.

News Release: Wells Fargo Must Reckon with Record of Harms Against Consumers

Washington, D.C. – Wells Fargo has racked up a record of numerous egregious abuses against its own customers that are detailed in a new scandal tracker released by Americans for Financial Reform Education Fund.

News Release: New Study Calls Attention To The Growing Presence Of Private Equity Ownership In The Home Healthcare Sector

New study by the American Antitrust Institute and Americans for Financial Reform Education Fund calls attention to the growing presence of private equity ownership in the home healthcare sector.

News Release: House Financial Services Committee Should Vote Against Bills That Would Weaken Dodd-Frank and Endanger the Retirements of Public School Teachers

Washington, D.C. – The House Financial Services Committee faces a critical decision as it prepares to vote on a series of bills in tomorrow’s markup. These proposed bills, if passed, would undermine the financial system, families saving for retirement, and everyday investors.

News Release: NEW REPORT: USPS Must Roll Out Basic Financial Services at Post Offices to Reach 10 Million Unbanked Households

Washington, D.C. – A new report released today, “Banking Fair: The Promise and Urgency of Doing Postal Banking Right,” calls for a public banking option to be restored within the U.S. Postal Service. USPS has a long history as a public service institution, despite the seeds of privatization sown by Republican presidents and Congress since 1970.

News Release: A Wave of Pro-CFPB Amicus Briefs Demonstrate Overwhelming Support for the CFPB’s Constitutionality

Washington, D.C. – Hundreds of public interest groups, lawmakers, constitutional law scholars and more filed amicus briefs with the Supreme Court this week in support of the Consumer Financial Protection Bureau (CFPB) in the case, CFPB v. CFSA, which the Supreme Court will review this fall.