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.
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Updates
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News Release: Big, Brutal Bill Advances in House
The House majority has just chosen to prioritize Wall Street and billionaires over everyday people by advancing legislation that would strip away funds for healthcare and nutrition to give big corporations and the super-rich tax breaks. Adding insult to injury, they also voted to make people’s lives harder and less secure by giving Wall Street,…
AFR in the News
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The Progressive Magazine: States Take the Lead in Reining in Private Equity’s Investment in Health Care
“It’s not an investment, but an extraction,” says Aditi Sen, managing director of research and campaigns for the Americans for Financial Reform, a coalition of groups advocating for a strong, stable, and ethical financial system. “The profit-seeking that is built into this model is really going to go after cost-cutting as the primary strategy for…
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Nerdwallet: The CFPB Is Still Standing … Barely. But Is It Doing Anything?
“We are at a pivotal moment for all that was, all that has been and what could be…The CFPB has done tremendous work since its inception.” -Amanda Jackson, AFR
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The Times-Union: Lawmakers question leadership swap at company managing CDPAP home care program
Having Kapoor installed as the company’s CEO will give Linden more direct control over its financial decisions, said Aditi Sen, managing director of research and campaigns at Americans for Financial Reform, a group that advocates for tighter regulation of financial industries.
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