The development of a real-time, ubiquitous payment system is an especially complex, expensive undertaking. Because of the scale of the endeavor, and its potential to impact the American public as a whole, we firmly believe the Board is the appropriate entity to establish a universal 21st century payments system.
Coalition letter urging the Federal Reserve to build in strong consumer protections into the design of its new real-time payment system
A coalition of 61 consumer, civil rights, and community groups today sent letters to three federal bank regulators urging them not to allow their banks to help payday lenders evade state interest rate limits.
View or download a PDF version of the letter. November 7, 2019 Dear Representative: We are writing on behalf of Americans for Financial Reform (AFR) concerning the reauthorization bill for the Commodity Futures Trading Commission (CFTC) that was passed last week by the House Agriculture Committee.[1] We are disappointed that this legislation does not sufficiently
Coalition letter in support of the Consumer Credit Control Act.
AFR Language Access Task Force and partner organizations sent up a letter in support of legislation to restore the URLA language preference question.