AFR’s Senior Policy Analyst, Alexa Philo, testified Before the Senate Banking, Housing and Urban Affairs Subcommittee on economic policy.
AFR led 58 organizations in expressing opposition to the anti-ESG policy agenda that seeks to insulate the management of public companies from investor input and accountability and undermine regulations that would equip investors with more information to make better decisions about their investments. It was submitted to the record ahead of six House Financial Services Committee hearings on the topic.
Americans for Financial Reform and Demand Progress joined other consumer advocacy and public interest organizations in sending a letter to Congress expressing opposition to a proposed bill intended to create a market regulatory structure for digital assets.
AFR opposes a series of legislative proposals that have recently been approved by House committees, and, in some cases, by the full House of Representatives, and that seek to amend the federal securities laws in ways that would be harmful to investors. Some of the House proposals directly weaken regulatory oversight and threaten investor protection, while others seek to alter policy in a more subtle or incremental fashion.
Americans for Financial Reform submitted a statement for the record to the House Financial Services Committee in response to the Committee’s June 13 hearing on digital assets, entitled, “The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem.”
AFREF, the AFL-CIO, Communications Workers of America, the Interfaith Center on Corporate Responsibility, and Public Citizen submitted a comment letter in support of the SEC’s proposal to modernize beneficial ownership reporting in response to a new memorandum by the Division of Economic and Risk Analysis.