AFR and coalition members signed onto a letter urging the Senate to support the nomination of Caroline A. Crenshaw to Serve as a Commissioner of the U.S. Securities and Exchange Commission for another term. Commissioner Crenshaw was unanimously confirmed in 2020 and her distinguished service at the SEC fully justified this Senate support. Crenshaw has worked tirelessly and skillfully with all stakeholders to advance the mission of the SEC.
AFR was joined by 52 partner organization in a letter to Senate and House leadership expressing strong opposition to the Congressional Review Act resolutions of disapproval against the Securities and Exchange Commission’s Climate Financial Risk Disclosure Rule and the Climate-Related Financial Risk Management Principles from the Federal Reserve Board (Fed), the Office of the Comptroller
AFR and partners led a letter opposing a set of financial institution bills scheduled for markup tomorrow, May 17th in the House. Title I of the first bill (H.R. 8337) is particularly egregious and would result in ~100 banking organizations being removed from CFPB oversight, among other negative consequences for Qualified mortgage requirements, the Durbin amendment cap, the Volcker rule and others. H.R. 758 compromises safety and soundness standards while not addressing the root causes of de novo bank challenges.
Americans for Financial Reform (AFR) wrote a letter to the House Financial Services Committee expressing our strong opposition to legislation that the House Financial Services Committee (HFSC) is scheduled to consider this week that would amend the federal securities laws in ways that could be profoundly damaging to American workers and “mom and pop” investors.
Americans for Financial Reform (AFR) and partners led a letter the House Financial Services Committee (HFSC) to express our opposition to a legislation package that the committee is scheduled to markup this week. The collection of bills would erode consumer protections, enable predatory lenders, and hamstring the Consumer Financial Protection Bureau’s ability to fulfill its mandate
AFR and partners submitted a letter to the committee urging members to vote down a series of bills and resolutions that would roll back agency rules, guidance, and authorities to address climate-related financial risk. The post Letters to Congress: Letter in Opposition to H.R. 5535, the “Insurance Data Protection Act” and the Congressional Review Act’s
