Americans for Financial Reform

Government Category: Letters to Congress

Letter to Congress: AFR and 67 Organizations Oppose Slew of Bills Attacking CFPB

Full letter here The 68 undersigned community, civil rights, consumer, civic and other organizations urge you tooppose the bills, listed below, which would undermine the Consumer Financial Protection Bureau(CFPB) and threaten its statutorily mandated consumer protection mission. The Bureau wasintentionally designed by Congress to function independently, to be led by an independent director,and with a

Letter to Congress: Coalition Letter in Opposition to the CLARITY Act

View or download a full version of the PDF letter here. The 82 investor, consumer, and other advocacy organizations undersigned below write to expressour opposition to the CLARITY Act (H.R. 3633). This bill creates a weak regulatory structure forcrypto assets, actors, and activities that effectively deregulates much of the crypto sector, either bytotally exempting many

Letters to Congress: AFR Letter Urges Senate to Make Wall Street Pay Its Fair Share

View or download a PDF of the letter here. Honorable MemberUnited States SenateWashington, DC 20510 June 25, 2025 Dear Senator: Americans for Financial Reform urges the Senate to make Wall Street and private equity firms pay their fair share in the upcoming budget reconciliation legislation. The sweeping House-passed budget reconciliation bill prioritizes massive tax cuts

Letters to Congress: Letter in Opposition to H.R. 2988, Protecting Prudent Investment of Retirement Savings Act

View or download the letter here. AFR, labor unions, investors, and public interest organizations wrote to the House Education and Workforce Committee in opposition to H.R. 2988, Protecting Prudent Investment of Retirement Savings Act. This bill’s amendments to the Employee Retirement Income Security Act (ERISA) would undermine workers’ retirement security by: 1) chilling fiduciaries’ consideration of