AFREF opposes the proposed rule which would prohibit examiners from considering reputation risk, as the proposal 1) fails to justify any of its assertions that supervision of reputation risk is ineffective or abusive, 2) contains confusing definitions and requirements that would be impossible to enforce, and 3) fails to consider any costs associated with the proposal.
Americans for Financial Reform Education Fund (AFREF) wrote a letter to the Office of the Comptroller (OCC) and the Federal Deposit Insurance Corporation (FDIC) opposing a proposed rule that would hamstring bank supervision.
View or download a PDF of the letter here. AFREF submitted a comment opposing the Trump administration effort to undermine fair lending and civil rights law by illegitimately narrowing the scope of lending discrimination protection and enforcement.
View or download a PDF of the letter here AFREF submitted a comment opposing the Trump administration effort to undermine civil rights and fair lending law by severely weakening the small business and farm lending disclosure rules that would exempt half of all loans, reduce essential data collection, and exclude farm lending entirely.
AFR and a coalition of 191 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
View or download a PDF of the letter here. Americans for Financial Reform along with the AFL-CIO, AFSCME, AFT, CWA, Consumer Action, Consumer Federation of America, International Association of Machinists & Aerospace Workers (IAM), National Education Association, National Nurses United, Public Citizen, SEIU, The Academy of Financial Education, and UAW wrote to the House of