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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Consumer Federation of America: CFPB Takes Steps to Reduce the Number of People Who Seek Help from the Consumer Agency
“The credit bureaus wanted fewer complaints, and the Trump-Vought CFPB delivered,” said Tom Feltner, associate director for consumer policy at Americans for Financial Reform. “But those complaints represent real families facing real financial harm. Making it harder to complain about your mortgage or credit card doesn’t fix the problems—it just hides them from public view…
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Protect Borrowers: One Year After Trump’s Hostile Takeover of CFPB, Members of Congress, Workers, and Advocates Gather to Demand the Administration Put Borrowers Over Billionaires
The press conference featured Senator Elizabeth Warren (MA); Senator Dick Durbin (IL); Senator Chris Van Hollen (MD); Representative Ayanna Pressley (MA-07); Representative Sean Casten (IL-06); Mike Pierce, Executive Director at Protect Borrowers; Tom Feltner, Associate Director of Consumer Policy at Americans for Financial Reform; Adam Rust, Director of Financial Services at the Consumer Federation of…
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Economic Policy Institute: Trump is pushing to include risky assets like crypto and private equity in 401(k)s
A recent overview published by the American Federation of Teachers, Americans for Financial Reform Education Fund, and the American Association of University Professors examined this question closely and cast doubt on the value of alternative investments for pension funds, especially when adjusting for risk and illiquidity.
