View or download a PDF of the letter here. Honorable MemberUnited States SenateWashington, DC 20510 June 25, 2025 Dear Senator: Americans for Financial Reform urges the Senate to make Wall Street and private equity firms pay their fair share in the upcoming budget reconciliation legislation. The sweeping House-passed budget reconciliation bill prioritizes massive tax cuts
View or download the letter here. AFR, labor unions, investors, and public interest organizations wrote to the House Education and Workforce Committee in opposition to H.R. 2988, Protecting Prudent Investment of Retirement Savings Act. This bill’s amendments to the Employee Retirement Income Security Act (ERISA) would undermine workers’ retirement security by: 1) chilling fiduciaries’ consideration of
AFREF joined with over 50 other organizations in urging the Senate to strip from H.R. 1 the 10-year ban on the enforcement of state and local law related to artificial intelligence (AI) no matter how it appears.
View or download a PDF of the letter here. AFREF sent a letter to the CFPB opposing proposed rescissions that would create blanket confidentiality for all CFPB orders and decisions about non-bank supervisory determinations that would strip away transparency for some of the riskiest and least regulated nonbank financial products.
View or download a PDF of the letter here. AFREF sent a letter to the CFPB opposing its proposal to rescind a repeat offender database of nonbank enforcement and agency orders. This will help state and federal regulators, advocates, and the public identify repeat offenders and more easily spot patterns and practices of misconduct. Rescinding
AFR and 30 civil rights, labor, community, consumer protection, and economic justice organizations sent a letter calling on the Senate to swiftly act to defend the statutorily mandated independence of financial regulators in the face of unprecedented attacks and firings of commissioners and board members: Dear Majority Leader Thune and Minority Leader Schumer: The undersigned