AFREF submitted a comment to the Centers for Medicare and Medicaid Services (CMS) on their proposed rule to require the disclosure of important information regarding the ownership and control of nursing facilities, including when an owning or managing entity is a private equity (PE) company or a Real Estate Investment Trust (REIT).
Private equity and healthcare are incompatible and AFREF states in the letter that the current lack of transparency in ownership of facilities exacerbates the problem and shields owners and investors from accountability for the performance of the businesses they own and welcomes the disclosure rule.
AFREF joined a comment letter that strongly supports the CFPB’s proposed safe harbor of $8 for credit card late fees. The CFPB provided ample evidence that this amount is fair, reasonable, and proportional to the costs incurred by issuers for late payments.
AFREF joined a comment letter to OMB on revising their race and ethnicity data standards.
AFREF submitted a letter with partner organizations expressing a mutual concern about the lack of transparency regarding the ownership and control of nursing facilities that serve Medicare and Medicaid beneficiaries.
AFR, Center for Responsible Lending and Consumer Federation of America led a letter to Congress opposing a package of bills that undermine the CFPB.
Americans for Financial Reform Education Fund (AFREF) submitted two letters in response to the Federal Trade Commission (FTC)’s request for comment on updates to its ‘Green Guides’ for the Use of Environmental Marketing Claims. The Guides were last revised in 2012. AFREF joined a coalition comment led by the Sierra Club asking the FTC to
