Americans for Financial Reform (AFR) applauds the Department of Education’s recent announcement that it will take steps needed to overhaul the broken Public Service Loan Forgiveness (PSLF) program.
AFR applauds the confirmation of Rohit Chopra as Director of the CFPB.
Hundreds of companies owned or backed by some of the most well financed private equity firms in the US secured an estimated $5.3 billion in public funds under the Coronavirus Aid, Relief, and Economic Security Act (CARES Act), reveals a new investigation published today.
Today, the House Ways and Means committee released its draft plan for the Build Back Better economic package. It includes many crucial spending items, and some positive tax provisions. But, overall, it fails to meet the moment. Among other things, the package leaves out revenue-raising proposals from the Biden administration that would advance racial and economic justice. We need more dramatic change to the status quo, which benefits Wall Street and the super-rich and harms the rest of us.
Americans for Financial Reform welcomes the Department of Education’s announcement that they will extend the closed school discharge window for students who attended ITT Tech back to 2008.
Americans for Financial Reform today applauded the introduction of the Veterans and Consumers Fair Credit Act of 2021, legislation that would extend the 36 percent APR interest rate cap on payday and car-title lenders in the Military Lending Act (MLA) to cover all Americans.