AFREF submitted a comment to the Federal Reserve, Office of the Comptroller of the Currency, and the FDIC criticizing a dangerous proposal to weaken critical bank capital standards put in place after the 2008 financial crisis that would increase the likelihood and severity of a financial crisis that could imperil the entire economy.
Americans for Financial Reform joined labor and progressive advocacy groups representing millions of workers in a letter to state financial officers who oversee pension funds that hold billions of dollars in shares of Tesla, urging them to oppose excessive pay packages for Tesla CEO Elon Musk, warning it would put workers’ retirement savings at unnecessary risk and undermine corporate accountability.
AFREF submitted a letter to the Securities and Exchange Commission (SEC) in defense of executive compensation disclosures in response to the SEC’s June 26th roundtable on the topic.
AFREF submitted a comment highlighting the importance of maintaining the entirety of the CFPB’s publicly available consumer complaint database to help regulators, advocates, and the public identify patterns of financial abuse and misconduct and to hold companies accountable for risky, abusive, and deceptive financial products.
View or download a PDF of the letter here AFREF, HEAL Food Alliance, Main Street Alliance, and National Family Farm Coalition submitted a comment to the CFPB opposing any delay in the collection of data to enforce fair lending laws and evaluate the credit needs of small businesses and farms.
Full letter here The 68 undersigned community, civil rights, consumer, civic and other organizations urge you tooppose the bills, listed below, which would undermine the Consumer Financial Protection Bureau(CFPB) and threaten its statutorily mandated consumer protection mission. The Bureau wasintentionally designed by Congress to function independently, to be led by an independent director,and with a