But too much of what should be plumbing to serve the “real economy” of households and businesses has turned into an unstable, money-extracting casino dominated by powerful giants.
Advocacy
Resources
Updates
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Press Release: Labor, Investor, and Consumer Advocates Urge Congress to Reject Deregulatory Bill that Imperils Workers’ Retirement Savings
Americans for Financial Reform along with the AFL-CIO, Communications Workers of America, Consumer Action, Consumer Federation of America, National Education Association, National Nurses United, Public Citizen, Service Employees International Union, The Academy of Financial Education, and United Auto Workers, wrote to the House in opposition of H.R. 3383, the INVEST Act.
AFR in the News
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CBS News: Bessent calls for overhaul of regulator tasked with spotting systemic financial risks
“What you’re removing is the smoke alarm for the entire financial system,” said Oscar Valdés Viera, private equity and capital markets policy analyst at Americans for Financial Reform, a coalition consisting of over 250 national and local groups.
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Washington Monthly: The Main Beneficiaries of Trump’s Pardons? White-Collar Criminals Like Him
The Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) dropped several cryptocurrency cases. As noted by Americans for Financial Reform, some of the cases were aborted after suspects invested in the Trump family crypto business.
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Congressman Dan Goldman: Rep. Dan Goldman Introduces New Tax On Wealthiest Americans Generating An Estimated $276 Billion In Revenue
Oscar Valdés Viera, Private Equity and Capital Markets Policy Analyst at Americans for Financial Reform, said, “Our tax code shouldn’t reward wealth over work or give billionaires a menu of legal tricks to avoid paying their fair share. Working people pay more as their paychecks increase, but billionaires can live off untaxed borrowings to sidestep…
