Category Archives: Statements and Press Releases

CFPB

News Release: Trump’s Chopra Firing Undermines CFPB’s Consumer Protection Mission

President Donald Trump today caved in to pressure from Wall Street and Big Tech and fired Rohit Chopra, the director of the Consumer Financial Protection Bureau.  During the campaign, Trump dangled measures like caps on credit card interest rates, Trump is now sacking someone whose years of work on behalf of consumers benefited families across the country.

News Release: Prospect of Walgreens Acquisition by Sycamore Bodes Ill for Retailer

The possible acquisition of drugstore chain Walgreens risks writing a new chapter in the long-running saga of private equity’s looting of the American retail sector, a trend that has caused the loss of over half a million jobs, numerous bankruptcies, and extensive consolidation that leads to higher prices, lower quality for consumers, and more precarious conditions for workers.

News Release: CFPB Finalizes rPACE Rule to Protect Green Lending Consumers 

WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CPFB) issued an important final rule on residential Property Assessed Clean Energy (rPACE), a form of green lending used to cover the cost of home improvements which is most commonly used for energy efficiency improvements and solar panel installations. 

Statement: To the Senate Banking, Housing, and Urban Affairs Committee Hearing on “Consumer Protection: Protecting Workers’ Money and Fighting for the Dignity of Work”

Statement for the Record On Behalf of Americans For Financial Reform Before the Senate Banking, Housing, and Urban Affairs Committee Hearing on “Consumer Protection: Protecting Workers’ Money and Fighting for the Dignity of Work” Wednesday, December 11, 2024 Americans for Financial Reform Education Fund (AFREF) appreciates the opportunity