AFR joined a letter to Congress urging for the highest possible amount of homeownership funding in the Build Back Better Budget Reconciliation Bill.
AFREF and allies sent a letter to Treasury Secretary Janet Yellen calling on her to rescind the 2019 guidance under the Trump Administration that made it unduly difficult to designate non-banks as Systemically Important Financial Institutions (SIFIs).
Americans for Financial Reform joined 38 organizations urging Secretary Yellen to produce a bold Treasury climate finance report. Climate change poses an existential threat to the economic security of households and communities across the nation and to the financial system. As the Chair of the FSOC, it is up to Secretary Yellen to lead the writing of a Treasury report that can serve as a comprehensive roadmap that recognizes the urgency and severity of the climate crisis, includes specific policies beyond assessment and disclosure, and encourages each of the independent agencies to use all available tools to mitigate climate risk and its drivers.
AFR joined the Leadership Conference on Civil and Human Rights and many other organizations “to urge [President Biden] to immediately pause the removal of Haitians to Haiti and uphold basic due process and human rights for Haitians seeking asylum at the U.S. border. We also call upon your administration to investigate the treatment of migrants and conditions near the Del Rio, Texas port of entry.”
Take on Wall Street/AFR, the International Brotherhood of Teamsters, Communications Workers of America, AFL-CIO, and United for Respect hosted a briefing for Hill staffers on September 23, 2021, to explain why Wall Street needs an excise tax on stock buybacks and why now is the
AFREF joined a letter urging HUD, VA, and USDA to extend the September 30, 2021 deadline for borrowers to start forbearance plans due to COVID-19 hardships.
AFREF joined over 200 organizations in a letter calling on ED to take immediate executive action to deliver on the promise of Public Service Loan Forgiveness (PSLF) by cancelling debts owed by all public service workers who have served for a decade or more and to improve the PSLF program.
AFREF joined a letter to HUD in response to its announced notice of intent to sell 1,730 mortgage loan notes in the fall. The letter states that HUD should not resume any note sales without first implementing regulations for the program that promote stable homeownership.
AFREF joined a letter to the Education Department regarding ACCSC and NAIQI procedures.
Americans for Financial Reform Education Fund and the Communication Workers of America sent a letter to the Securities and Exchange Commission urging that the Commission close critical loopholes and exemptions that currently exist in its Forms 13-F and 13-D reports that have been intentionally exploited by hedge fund investors. By doing so, hedge funds can no longer utilize derivatives and other complex financial instruments to build large positions and ambush the management of companies.