Democratic Senators stood firm and opposed a dangerous and deeply flawed bill that threatens to destabilize the financial system, harming millions of people, including workers saving for retirement.
Last week, the Trump administration acknowledged skyrocketing housing costs and the role billionaire control plays in pricing families out of homes. This comes after the president has tried to downplay affordability issues, revealing that the administration may feel vulnerable ahead of the midterms.
Today, Americans for Financial Reform Associate Director of Housing Policy Caroline Nagy testified before the House Oversight Committee’s Subcommittee on Economic Growth, Energy Policy, and Regulatory Affairs on the role of institutional investors including private equity firms on the growing housing unaffordability crisis.
A coalition of 261 national and state civil rights, labor, community, consumer, environmental, faith-based, and other organizations sent a letter urging the Senate to oppose the passage of any crypto market structure legislation that fails to address the systemic failures of the crypto industry that can harm investors, financial stability, and the economic security of workers and families.
A new analysis from the Private Equity Climate Risks (PECR) research consortium, “Unequal Burdens: Private Equity-Backed Fossil Fuel Assets and the Global South,” reveals how the Global South is unfairly burdened by private equity’s investments in fossil fuels.
Americans for Financial Reform along with the AFL-CIO, Communications Workers of America, Consumer Action, Consumer Federation of America, National Education Association, National Nurses United, Public Citizen, Service Employees International Union, The Academy of Financial Education, and United Auto Workers, wrote to the House in opposition of H.R. 3383, the INVEST Act.