Washington, D.C. – The following steering group members of the Save Our Retirement coalition – AARP, AFL-CIO, AFSCME, Americans for Financial Reform, Better Markets, Center for American Progress, Consumer Federation of America, Economic Policy Institute, and Pension Rights Center – issued the following statement applauding the Department of Labor (DOL) for holding a public hearing on the proposed Retirement Security Rule:
WASHINGTON, DC – Amidst growing concerns over climate risks and the spread of corporate-financed disinformation campaigns around the use of environmental, social, and governance (ESG) factors in investing, Americans for Financial Reform Education Fund (AFREF) and Take On Wall Street launched: ESGexplainer.org. This website provides clear, accurate information on the importance of ESG investing for individual investments and overall portfolio health.
The Financial Stability Oversight Council (FSOC) issued its 2023 annual report, noting that escalating climate change-driven disasters are “imposing significant costs on the public and the economy, with economic costs from climate change expected to grow.” Building on its 2022 report and the tumultuous year it has been for climate-related disasters and property and casualty
Washington, D.C. – Tomorrow morning, the Seventh Circuit Court of Appeals will hear oral arguments in the appeal of a fair lending enforcement action brought by the Consumer Financial Protection Bureau (CFPB) against Chicago mortgage lender Townstone Financial.
New report highlights stark discrepancy between Brookfield’s reported emissions and its actual carbon footprint.
The Securities and Exchange Commission should re-propose its rule on disclosures of stock buybacks as soon as possible now that the unreasonably tight deadline for a court-mandated revision of the rule has passed. The Fifth Circuit Court of Appeals, alleging “defects” in a rule designed to bring transparency to stock buybacks, gave the SEC 30 days to revise the rule – an impossibly short time frame it then refused to extend upon the SEC’s request. The ruling came in response to a lawsuit by the Chamber of Commerce.