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.
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
Washington, D.C. – 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 care can harm or destroy health institutions in the long term.
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.
Washington, D.C. – Americans for Financial Reform Education Fund is urging the Supreme Court to take up a case, Kirschner v. JP Morgan, that could change the way regulators treat the syndicated loans, and potentially improve investor protections in this $3 trillion market.
WASHINGTON, D.C. – The Consumer Financial Protection Bureau’s new protections for big bank customers against abusive overdraft charges is a critical initiative in reforming a practice that has drained billions of dollars in junk fees from consumers.