Americans for Financial Reform

News Category: Press Releases & Statements

Press Release: Nearly 200 groups demand Senate oppose defunding critical consumer protection agency

FOR IMMEDIATE RELEASE: June 27, 2025 CONTACT: Carter Dougherty, carter@ourfinancialsecurity.org Nearly 200 groups demand Senate oppose defunding critical consumer protection agencyAttacks on CFPB’s structure and budget would hurt everyday people WASHINGTON, D.C.- Today a group of 193 civil rights, community, consumer, labor, faith-based, small business, farm, and other organizations urged the Senate to stand up

Press Release: Thirty Groups Call on Senate to Make Wall Street Pay Its Fair Share

FOR IMMEDIATE RELEASE: June 27, 2025  CONTACT: Jarice Thompson, jarice@ourfinancialsecurity.org Thirty Groups Call on Senate to Make Wall Street Pay Its Fair Share WASHINGTON, D.C. – The Wall Street investor class benefits from tax breaks and lax oversight in the Big Brutal reconciliation bill. The legislation guts consumer protections and eliminates critical programs that people

Press Release: Advocacy Groups Call on Senate to Tax Corporate and Private Equity Landlords

FOR IMMEDIATE RELEASE: June 27, 2025 CONTACT: Carter Dougherty, carter@ourfinancialsecurity.org   Advocacy Groups Call on Senate to Tax Corporate and Private Equity Landlords WASHINGTON — Today, 13 housing, economic justice, community, and other advocacy organizations sent a letter to the Senate urging the consideration of Senator Merkley’s HOPE for Homeownership Act during the budget reconciliation debate. 

Press Release: Senate Passes Huge Giveaway to Crypto Industry, Big Tech and Trump Family

 FOR IMMEDIATE RELEASE: June 11, 2025  CONTACT: Jarice Thompson, jarice@ourfinancialsecurity.org Senate Passes Huge Giveaway to Crypto Industry, Big Tech and Trump Family Stablecoin bill clears last Senate hurdle without any strengthening amendments  Washington, DC – The GENIUS Act (S.1528) took another step closer to becoming law after the Senate cleared a key procedural vote towards 

Press Release: Support the Systemic Risk Authority Transparency Act

FOR IMMEDIATE RELEASE: June 4, 2025 CONTACT: Carter Dougherty, carter@ourfinancialsecurity.org Support the Systemic Risk Authority Transparency Act Statement from Oscar Valdés Viera, Private Equity and Capital Markets Policy Analyst: Americans for Financial Reform endorses Rep. Green’s “Systemic Risk Authority Transparency Act” that would require banking agencies to report any future uses of the systemic risk

Press 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, big banks, and abusive financial companies free rein to fleece the rest of us.