Today, the Private Equity Climate Risks (PECR) data consortium project launched an asset tracker with new data reflecting the state of private equity energy investments as of April 2025. This enhanced Global Energy Tracker includes the previous Global Energy Company Tracker, updated in January 2025, and the new Global Fossil Fuel Asset Tracker, providing an unparalleled look into the private equity industry’s role in the energy sector.
View or download a PDF of the letter here. Americans for Financial Reform Education Fund submitted a statement for the record for a hearing held by the Health, Education, Labor, and Pensions Subcommittee of the House Education and Workforce Committee titled “”Investing for the Future: Honoring ERISA’s Promise to Participants.”” The statement urges members to refrain
Proposals from the House Financial Services Committee majority for budget reconciliation would defund and dramatically erode the effectiveness of key financial regulators under the pretense of generating budgetary savings as part of the House majority’s broader plan to pay for tax cuts for the very richest families, biggest business, and Wall Street firms. The real intention is to dismantle the Consumer Financial Protection Bureau (CFPB) and the other agencies designed to reduce the likelihood and severity of future financial crises.
NYC Comptroller Brad Lander announced standards by which he will evaluate the net zero plans of the asset managers that oversee the city’s pension assets. He will recommend the boards of trustees of the city’s pensions pursue other asset management options through a bidding process should some of their current asset managers fail to meet those standards.
Today, Judge Amy Berman Jackson of the US District Court for the District of Columbia halted the Trump Administration’s attempted firings of 1,500 Consumer Finance Protection Bureau employees.
The Trump administration’s approval of the biggest, most complex bank merger in decades will raise credit card costs for working families, sap the earnings of small businesses, and undermine community investment.