Letters to Regulators: Letter to ED Recommending Protocols for Upcoming Negotiated Rulemaking
AFREF joined a letter to the Education Department recommending protocols for the upcoming negotiated rulemaking.
Letters to Congress: Letter Urging Congress to Focus on Affordable Homeownership in Budget Reconciliation
AFR joined a letter urging Congressional leaders to make sure that policies across the housing continuum are comprehensively included in the Budget Reconciliation Bill, especially those with a strong focus on affordable homeownership.
Letters to Regulators: Letter in Support of HUD’s Proposed Rule to Reinstate the Discriminatory Effects Standard
AFREF joined a letter in support of HUD’s Proposed Rule to reinstate the discriminatory effects standard.
Letters to Regulators: Letter in Support of HUD’s Proposed Rule to Reinstate the Discriminatory Effects Standard
AFREF and 37 organizations sent a letter in support of HUD’s Proposed Rule to reinstate the discriminatory effects standard.
Letters to Regulators: Letter Commenting on HUD’s Mortgage Letter 2021-18
AFREF joined a letter to comment on HUD’s response to the COVID-19 pandemic through Mortgage Letter 2021-18. The letter calls on HUD to take further steps to ensure that its program operates as intended and that borrowers are able to obtain the relief they need to avoid unnecessary foreclosures.
Letters to Congress: Letter to Nancy Pelosi Making it Clear that the President does have the Authority to Cancel Student Debt
AFR joined a letter to Speaker Pelosi making it clear that the President does have the authority to cancel student debt.
In The News: Progressive Opposition to Jerome Powell Clouds His Chances for Second Term as Fed Chairman (The Wall Street Journal)
Reappointing Mr. Powell “would be disappointing” for those who care about Mr. Biden’s agenda to address financial regulation, climate change and racial wealth gaps, said Erik Gerding, a senior fellow at Americans for Financial Reform, a nonprofit that argues for tougher financial regulation. “Having Jerome Powell continue would just mean one less vote for sustained and healthy regulation of the banking system.”
Statement: AFR Mourns Passing of AFL-CIO President Trumka
Americans for Financial Reform mourns the passing of AFL-CIO President Richard Trumka, and our thoughts are with his family, friends, and the workers for and alongside whom he fought for decades. President Trumka was committed to the fight for Wall Street accountability as an important ingredient of advancing worker rights and racial and economic justice, and under his leadership, the AFL-CIO has been a key pillar of the fight for a fairer, financial system. We will continue to be inspired by him as we continue to work for economic justice and racial equity.
Fact Sheet: Deregulation at the Powell Fed
Federal Reserve Board Chair Jerome Powell has presided over a broad deregulatory agenda that has made our financial system less resilient and driven rising wealth and income inequality.
Letters to Congress: Letter in Support of the Payment Choice Act of 2021
AFR joined a letter to the House of Representatives in support of the Payment Choice Act.