Joint Statement Opposing Executive Order to Censor Race & Gender Equity Training
AFREF joined several of our civil rights and other partners in opposing the Executive Order on Combating Race and Sex Stereotyping issued on September 22, 2020.
AFREF joined several of our civil rights and other partners in opposing the Executive Order on Combating Race and Sex Stereotyping issued on September 22, 2020.
AFR joins the world in mourning the death of Ruth Bader Ginsburg, a trailblazing jurist whose work contributed immensely to gender equality and to progress towards a more just society.
With this new rule, the SEC is undermining the ability of investors to use the shareholder proposal process to call companies to task on their failures to behave responsibly. Now, it will be much more expensive for small investors to submit shareholder proposals. It will be harder for them to resubmit proposals — a frequent practice — because of higher resubmission thresholds. It’s a gift of new power to irresponsible management and a blow to the cause of corporate accountability.
The Proposal will impose new costs on beneficiaries, undermine American’s retirement security, and impede investment decisions that would lead to a more sustainable economy and society.
It is absolutely critical for the well-being of families, communities and the economy that homes are protected. Congress needs to enact measures to protect homeowners and renters, including the following mortgage protections, which our organizations have been advocating:
“The failure to effectively control underwriting standards is one more example of ‘heads they win, tails we lose’ support for Wall Street.”
“We urge you to include these mortgage provisions in the next COVID-19 relief legislation. They will provide homeowners the temporary relief they need to get back on their feet and successfully rebuild their lives.”
Yesterday, HUD finalized a new AFFH rule that is completely contrary to the intent of the AFFH mandate. Instead of furthering fair housing, the rule effectively eliminates a critical tool for addressing discrimination and segregation in our communities.
“The OCC proposal is nothing more than a plan for unleashing predatory lenders to peddle dangerous financial products nationwide by eviscerating the power of state usury laws.”
The following organizations have made this important information available in Spanish, Korean, Chinese, Vietnamese, Bangla and English: AFR Language Access Task Force, Americans for Financial Reform Education Fund, Center for Responsible Lending, Consumer Action, Empire Justice Center, National CAPACD, National Consumer Law Center, National Fair Housing Alliance, and UnidosUS.