Webinar: The Consumer Financial Protection Bureau’s 10th Birthday, with Senator Elizabeth Warren and Chairwoman Maxine Waters
The creation of the CFPB was a crucial, hard-won victory for the thousands of advocates, activists, allied organizations, and community leaders in AFR’s coalition. On Monday, July 19, these groups and individuals gathered virtually to commemorate the 10th anniversary of the CFPB and celebrate the bureau’s leadership in fighting for a just financial system.
Report: OpenGate Capital
View or download a PDF of the full report here. Open Gate Capital The Private Equity Stakeholder Project Americans for Financial Reform Education Fund In 2017, OpenGate Capital, a Los Angeles-based private equity firm bought HUFCOR, which manufactures portable room partitions for hotels and
Letters to Congress: Letter in Support of the Consumer Protection and Recovery Act
AFR joined a letter to the House of Representatives in support of the Consumer Protection and Recovery Act. The bill would restore the Federal Trade Commission’s authority to provide refunds and equitable relief to victims of consumer fraud and deception, and to stop ongoing misconduct in the marketplace.
Brookings Institution Webinar: The Future of Bank Overdraft Fees
On Thursday, July 15, Linda Jun, senior counsel at Americans for Financial Reform Education Fund, spoke on a panel about the harms of bank overdraft fees and alternatives to the current system. She was joined by other consumer advocates and representatives from banks and financial technology firms that are creating alternatives to bank overdraft fees. The panel focused on new tools and technologies designed to help consumers avoid overdraft fees while maintaining flexible banking options.
Letters to Regulators: Letter to FHFA on Duty to Serve
AFREF and MHAction submitted joint comments on Fannie Mae and Freddie Mac’s duty to serve plans and urged the Enterprises to better protect manufactured housing residents from corporate abuses and increase financing opportunities for mission driven owners.
News Release: SEC Must Step Up Enforcement of Rules on Private Funds
The Securities and Exchange Commission should use the full scope of its authority to increase transparency and reduce hidden risks to investors and markets from the private equity industry, according to a letter from 15 public interest groups.
Letters to the Regulators: AFREF Letter to the SEC On Addressing Private Equity’s Abuses
AFREF alongside 14 other signers submitted a letter to the Securities and Exchange Commission (SEC) raising several abuses from the private equity industry and ways the Commission can directly address them
Webinar Save the Date: The Consumer Financial Protection Bureau’s 10th Birthday, featuring Senator Elizabeth Warren and guest panelists
Americans for Financial Reform (AFR), Public Interest Research Group (PIRG), Center for Responsible Lending (CRL), Consumer Federation of America (CFA), National Consumer Law Center (NCLC), Consumer Action and The Leadership Conference on Civil and Human Rights invite you to attend: The Consumer Financial Protection Bureau’s
Letters to Regulators: Letter to the Federal Reserve on Access to Fed Master Accounts and Financial Services
AFREF submitted a comment to the Federal Reserve on its “Proposed Guidelines for Evaluating Account and Service Requests” urging the Federal Reserve to limit access to its payments systems to well-regulated and well-supervised depository institutions to safeguard rules that protect consumers, ensure the stability of the payments system, and require community reinvestment.