Letters to Regulators: Letter to CFPB Expressing Concerns About the Treatment of Earned Wage Access Products
AFREF joined a letter to CFPB Director Rohit Chopra expressing concerns about the treatment of earned wage access products.
Category Archives: Letters to Regulators
Letters to Congress: Letter Calling for Homeownership Funding in the Build Back Better Budget Reconciliation Bill
AFR joined a letter to Congress urging for the highest possible amount of homeownership funding in the Build Back Better Budget Reconciliation Bill.
Letters to Regulators: Letter to Secretary Yellen on Repealing Treasury’s 2019 Guidance on SIFI Designation
AFREF and allies sent a letter to Treasury Secretary Janet Yellen calling on her to rescind the 2019 guidance under the Trump Administration that made it unduly difficult to designate non-banks as Systemically Important Financial Institutions (SIFIs).
Letters to Regulators: Treasury Climate Finance Report
Americans for Financial Reform joined 38 organizations urging Secretary Yellen to produce a bold Treasury climate finance report. Climate change poses an existential threat to the economic security of households and communities across the nation and to the financial system. As the Chair of the FSOC, it is up to Secretary Yellen to lead the writing of a Treasury report that can serve as a comprehensive roadmap that recognizes the urgency and severity of the climate crisis, includes specific policies beyond assessment and disclosure, and encourages each of the independent agencies to use all available tools to mitigate climate risk and its drivers.
Letters to the Administration: Pause Deportation of Haitians and Respect Due Process
AFR joined the Leadership Conference on Civil and Human Rights and many other organizations “to urge [President Biden] to immediately pause the removal of Haitians to Haiti and uphold basic due process and human rights for Haitians seeking asylum at the U.S. border. We also call upon your administration to investigate the treatment of migrants and conditions near the Del Rio, Texas port of entry.”
Letters to Regulators: Letter Urging HUD, VA, and USDA to Extend the Deadline for Borrowers to Start Forbearance Plans
AFREF joined a letter urging HUD, VA, and USDA to extend the September 30, 2021 deadline for borrowers to start forbearance plans due to COVID-19 hardships.
Letters to Regulators: Letter Urging ED to Fix the PSLF Program and Cancel Student Debt for Public Service Workers
AFREF joined over 200 organizations in a letter calling on ED to take immediate executive action to deliver on the promise of Public Service Loan Forgiveness (PSLF) by cancelling debts owed by all public service workers who have served for a decade or more and to improve the PSLF program.
Letters to Regulators: Letter to HUD on Note Sale Announcement
AFREF joined a letter to HUD in response to its announced notice of intent to sell 1,730 mortgage loan notes in the fall. The letter states that HUD should not resume any note sales without first implementing regulations for the program that promote stable homeownership.
Letters to Regulators: Letter to ED Regarding ACCSC and NAIQI Procedures
AFREF joined a letter to the Education Department regarding ACCSC and NAIQI procedures.
Letters to Regulators: Letter to the SEC on Addressing Loopholes in Forms 13-F & 13-D Reporting
Americans for Financial Reform Education Fund and the Communication Workers of America sent a letter to the Securities and Exchange Commission urging that the Commission close critical loopholes and exemptions that currently exist in its Forms 13-F and 13-D reports that have been intentionally exploited by hedge fund investors. By doing so, hedge funds can no longer utilize derivatives and other complex financial instruments to build large positions and ambush the management of companies.