View or download a PDF of the letter here AFREF and Public Citizen were joined by 38 organizations in a comment letter to the California Air Resources Board, urging the Board to close a loophole that would allow insurance companies across the state to skirt emissions reporting requirements. “Insurers are among the leading institutional investors in
Americans for Financial Reform and partners sent a letter to the Senate Banking, Housing, and Urban Affairs Committee supporting the reintroduction of the Close the Shadow Banking Loophole Act. The legislation would close a longstanding loophole in U.S. policy that allows any type of firm to control a full-service FDIC-insured bank without being subject to the same supervision and regulation.
On January 22, 2026, Americans for Financial Reform Associate Director of Housing Policy Caroline Nagy testified before the House Oversight Committee’s Subcommittee on Economic Growth, Energy Policy, and Regulatory Affairs on the role of institutional investors including private equity firms on the growing housing unaffordability crisis.
Americans for Financial Reform sent a letter to the House Financial Services Committee urging opposition to five bills that would weaken the resiliency of the U.S. financial system by reducing transparency, undermining accountability, and encouraging more regulatory arbitrage.
Fifty labor unions, investors, and public interest organizations wrote to House members 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 seriously undermine workers’ retirement security.
AFR and a coalition of 261 national and state civil rights, labor, community, consumer, environmental, faith-based, and other organizations urged the Senate to oppose the passage of any crypto market structure legislation that fails to address the systemic failures of the crypto industry that can harm investors, financial stability, and the economic security of workers and families.