Americans for Financial Reform

News Category: Press Releases & Statements

News Release: 82 Democratic Members of Congress Urge Biden to Name Postal Board Nominees to “Protect and Expand” a Public USPS, endorsed by 36 public-interest groups

Washington, D.C. – Eighty-two Democratic members of the House of Representatives signed a letter sent to President Biden today urging him to swiftly nominate two new public-service-minded members to the USPS Board of Governors. Thirty-six public interest groups, including Americans for Financial Reform, Public Citizen, Main Street Alliance, Revolving Door Project, Social Security Works, and Voter Action Project, endorsed the letter.

News Release: Steward Financial Crisis Demonstrates Private Equity’s Threat to Healthcare

FOR IMMEDIATE RELEASE Jan. 31, 2024 CONTACT Carter Dougherty carter@ourfinancialsecurity.org Steward Financial Crisis Demonstrates Private Equity’s Threat to Healthcare The sudden crisis in the Steward hospital system in Massachusetts is a cautionary – and outrageous – tale of how Wall Street’s predatory practices in health The post News Release: Steward Financial Crisis Demonstrates Private Equity’s

News Release: OCC’s Modest Merger Proposal Falls Far Short

Washington, D.C. – The minor changes proposed by the Office of the Comptroller of the Currency (OCC) to the bank merger review process fail to grapple with the harms of consolidation and are no substitute for a thorough rethinking of merger guidelines that have remained unchanged for the last three decades.