Americans for Financial Reform

Government Category: Letters to Congress

Letter to Congress: AFR, 48 Organizations Support DoL Retirement Rule, Oppose Veto Override to Dismantle Implementation

“As organizations that support the Department of Labor’s (DoL) rule to update and strengthen protections for retirement savers, we are writing to thank you for standing up for your hardworking constituents saving for retirement and opposing HJ Res 88, the Resolution of Disapproval that would block the rule’s implementation, when it was considered on the House floor in April. The House of Representatives is expected to vote tomorrow on whether to override President Obama’s veto of the Resolution and we ask you to again stand with your constituents and oppose the veto override. This rule is a tremendous accomplishment in the fight to improve our nation’s retirement income security and should be supported.”

Letter to Congress: AFR Opposes FSGG Appropriations Bill

“On behalf of Americans for Financial Reform (AFR), we are writing to oppose the current draft of the Appropriations bill on Financial Services and General Government (FSGG).
At the end of last year Congress wisely rejected multiple efforts to use the budget process to force through unrelated ideological riders, including changes in financial regulation that would undermine consumer protections, endanger financial security, and reduce accountability for large financial institutions. “

Letter to Congress: AFR Opposes Current Draft of FSGG Appropriations Bill

“On behalf of Americans for Financial Reform, we are writing to oppose the current draft of the Appropriations bill on Financial Services and General Government (FSGG)…Unfortunately, this appropriations legislation is once again loaded with ideological policy riders aimed at weakening Wall Street oversight…These ideological policy riders would weaken consumer and financial protections and should not in any case be attached to a funding bill. Even as a funding bill, this legislation falls short, as it cuts the SEC’s budget by $100 million…”