Letters to Regulators: Request that CFPB Prohibit Credit Reporting of Rent Arrears Incurred During COVID-19 Pandemic
AFREF joined a letter to the CFPB requesting they prohibit credit reporting of rent arrears incurred during the COVID-19 pandemic
Government Category: Advocacy Documents
Letter to Congress: Small Business Advocacy Organization Support CRA Challenge of OCC “True Lender” Rule
Small business advocacy organizations, representing tens of thousands of affiliated small businesses and the interests of the 30 million small businesses in the country, submitted a letter to Congress expressing strong support for Senate Joint Resolution 15, the Congressional Review Act Resolution to repeal the Office of the Comptroller of the Currency’s True Lender Rule.
Letters to the Regulator: Letter to the SEC on Conditional Substituted Compliance for Non US Swap Dealers and Participants
AFR submitted a comment letter to the Securities and Exchange Commission supporting the Commission’s proposals to require foreign security-based swap dealers and participants to abide by the SEC’s own set of capital and initial margin requirements as opposed to the less stringent Basel capital requirements. The letter is also calling on the Commission to require
Congressional Testimony: Testimony of Lisa Donner Before the United States Senate Committee on Banking, Housing, and Urban Affairs
Executive Director Lisa Donner testified at Senate Banking’s hearing “The Dignity of Work.”
Joint Letter: Calling on SBA to release Paycheck Protection Program loan forgiveness data
AFR joined a letter to the Small Business Administration calling for the release of data pertaining to Paycheck Protection Program recipients’ loan forgiveness requests, which represents $194.5 billion of taxpayer money, most of which has already been forgiven. The letter urges the SBA to release the number of jobs borrowers supported with PPP funds, information on any pay reductions experienced by workers employed by borrowers, whether the borrower applied for or received a second draw PPP loan, among other important data points.
Letters to Congress: Call to Update the FTC’s Enforcement Tools
AFR joined a letter calling on Congress to update the FTC’s enforcement tools under the FTC Act, Section 13(b).