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: Crypto, Big Tech, and Wall Street are Spending Gushers of Campaign Cash on the Midterm Elections
A new analysis from Americans for Financial Reform, “Big Tech, Crypto, and Wall Street Money is Flooding the Midterm Elections,” revealed that between January 1, 2025 and July 28, 2026, eight cryptocurrency and Artificial Intelligence (AI) PACs spent over $100 million on the midterm elections.
AFR in the News
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Bloomberg: Trump’s 401(k) Proposal Shows Evidence of Phony Public Support
The advocacy group Americans for Financial Reform drafted the form letter that Bergson signed and worked with partner groups to disseminate it, said Ericka Taylor, the organization’s co-executive director. She said she was unsurprised by the scale of the response.
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NJ Spotlight News: Banking bill is latest step back from financial crash protections
“It’s a huge package,” Oscar Valdés Viera, senior policy analyst for private equity and capital markets at Americans for Financial Reform, a group opposed to the bill, said by phone. “Basically it lets big banks take big risks and operate with higher levels of debt and with higher leverage,” Valdés Viera said. “It’s all being…
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Shelter Force: Everyone’s Talking About Private Equity in Housing: Here’s What You Need to Know
Southern Towers is a 2,346-unit complex in Alexandria, Virginia. Most of its tenants are Black and foreign-born, primarily from sub-Saharan Africa. Los Angeles–based private equity firm CIM Group acquired Southern Towers in September 2020 for $506 million, one of the largest multifamily deals nationally of the year.
