Americans for Financial Reform submitted today a statement for the record for the joint House Financial Services/Agriculture Committees’ subcommittee hearing on stablecoins entitled, “Putting the ‘Stable’ in ‘Stablecoins:’ How Legislation Will Help Stablecoins Achieve Their Promise.”
Consumer advocacy groups raise concerns about language in SAFE Banking Act that hampers regulators’ ability to stop fraud and prevent bad actors from gaining access to the banking system.
May 12, 2023 Americans for Financial Reform Education Fund (AFREF) submitted an environmental justice advocates comment letter signed by Public Citizen and WE ACT for Environmental Justice to the Environmental Protection Agency (EPA) on its Implementation Framework for the Greenhouse Gas Reduction Fund. The Implementation Framework charts a path towards an environmental and climate justice-aligned
Americans for Financial Reform submitted today a statement for the record for the joint House Financial Services/Agriculture Committees’ subcommittee hearing on digital assets entitled, “The Future of Digital Assets: Closing the Regulatory Gaps in the Digital Asset Ecosystem.”
Americans for Financial Reform Education Fund and 12 other signers submitted a letter to the Securities and Exchange Commission reiterating the need for the SEC to finalize a strong set of rules to better protect investors in private funds, which include hedge funds and private equity.
AFR led a coalition letter to the Senate Banking, Housing and Urban Affairs Committee ahead of their hearing titled “Holding Executives Accountable for Recent Bank Failures.” The letter calls for mandatory clawbacks of incentive-based executive compensation and gains from stock trades in cases of bank failure.