“On behalf of the undersigned organizations, we urge you to oppose H.R. 1737, the so-called “Reforming CFPB Indirect Auto Financing Guidance Act.” This legislation is simply an effort to stop the CFPB from enforcing laws against discrimination… H.R. 1737 hides its intent behind a smokescreen of claims about process and regulatory jurisdiction. However, the bill is really about the unfair and discriminatory impact of car dealer interest rate markups. The bill is a misguided attack on the CFPB’s enforcement of anti-discrimination laws.”
“We, the undersigned organizations, write to ask you to oppose the amendment by House Financial Services Chairman Jeb Hensarling (R-TX) to the Highway Trust Fund bill because it would undermine investor protections, and because it involves matters unrelated to the underlying bill. “
“…we are writing to express our opposition to HR 2209 and HR 3857. HR 3857 is a poorly drafted message bill that contains an overly vague mandate to the Federal Reserve and FSOC that would be difficult to interpret and could increase financial risk. HR 2209 mandates that banking regulators classify investment grade, readily marketable municipal debt obligations as level 2A liquid assets under the Liquidity Coverage Ratio (LCR) rule, the strongest liquidity category under the rule outside of cash and government debt.”
“On behalf of Americans for Financial Reform, we are writing to urge you to oppose HR 3868, the “Small Business Credit Availability Act”. This legislation would deregulate Business Development Companies (BDCs) in a manner that would increase risk to retail investors and retirees by exposing them to greater leverage. “
“On behalf of Americans for Financial Reform, we are writing to express our opposition to HR 1550, HR 3340, HR 3557, and HR 3738. All of this legislation would dramatically weaken the ability of the Financial Stability Oversight Council (FSOC) and the Office of Financial Research (OFR) to identify and act to control emerging risks in our evolving financial system. “
“On behalf of Americans for Financial Reform, we are writing to express our opposition to H.R. 1309, the “Systemic Risk Designation Improvement Act of 2015.” This legislation dramatically weakens central elements of the Dodd-Frank Act, undermining regulatory oversight of some of the largest banks in the country. “
