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Letter to Regulator: OCC Should Adopt Precautionary Approach to Digital Banking Activities

The AFR Ed Fund and allied organizations submitted a comment to banking regulators highlighting concerns that digital banking activities may discriminate by race or otherwise threaten our civil rights.

Aug 03, 2020 by AFR in Letters to Regulators

Letters to Regulators: Letter to OCC Urging Greater Language Access for LEP consumers with Bank Digital Activities

Letter urging OCC to encourage banks to provide greater language access as banks use more technology in banking services.

Aug 03, 2020 by AFR in Education Fund
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NEWS RELEASE: Labor Dept.’s ESG Proposal Will Cause Confusion Among Fiduciaries, Losses for Retirement Savers

The Proposal will impose new costs on beneficiaries, undermine American’s retirement security, and impede investment decisions that would lead to a more sustainable economy and society.

Jul 31, 2020 by AFR in Statements and Press Releases
the front side of an apartment building

NEWS RELEASE: Senate HEALS Act Misses the Mark for Families; Leaves Them At Risk of Losing Their Homes

It is absolutely critical for the well-being of families, communities and the economy that homes are protected. Congress needs to enact measures to protect homeowners and renters, including the following mortgage protections, which our organizations have been advocating: 

Jul 31, 2020 by AFR in Statements and Press Releases

Letter to Regulators: AFREF opposes DOL rule proposal to restrict ESG investing

AFREF urges the Department of Labor to withdraw their proposed rule entitled “Financial Factors in Selecting Plan Investments.” It discourages fiduciaries from considering environmental, social and governmental (ESG) factors in their investments and creates burdens for investors looking to be socially conscious.

Jul 30, 2020 by afr_poster in Letters to Regulators
photo of a student borrower looking sadly at the sky - Photo by Matese Fields on Unsplash

Joint Letter: AFR, 55 Orgs Oppose Senate Bill that Fails to Protect Student Borrowers

On July 28, Americans for Financial Reform joined 55 other organizations in submitting a letter to Senate leadership in opposition to the Safely Back to School and Back to Work Act, released as a part of the HEALS Act. Young Invincibles led this effort with Americans for

Jul 28, 2020 by admin in Letters to Congress

NEWS RELEASE: Bad Underwriting Standards in Fed Lending Programs Could Support Insolvent Firms

“The failure to effectively control underwriting standards is one more example of ‘heads they win, tails we lose’ support for Wall Street.”

Jul 28, 2020 by AFR in Statements and Press Releases
Federal reserve board

LETTER TO REGULATORS: Poor Underwriting Standards in Federal Reserve Emergency Lending Programs Could Lead to Support for Insolvent Firms

You can view or download the letter here.

Jul 28, 2020 by AFR in Letters to Regulators

NEWS RELEASE: Consumer, Civil Rights, and Housing Groups Call on U.S. Senate to Save Family Homes and Stop Evictions in Next COVID-19 Bill

“We urge you to include these mortgage provisions in the next COVID-19 relief legislation. They will provide homeowners the temporary relief they need to get back on their feet and successfully rebuild their lives.”

Jul 28, 2020 by AFR in Statements and Press Releases
a series of houses

Letter to Congress: Letter from over 50 groups in support of mortgage relief in next covid-19 relief package

Letter from over 50 groups urging Senate leadership to include mortgage protections in the next COVID-19 relief package.

Jul 28, 2020 by AFR in Letters to Congress
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General Topics

  • Consumer Finance and the CFPB
  • Climate Financial Regulation
  • Coronavirus Response
  • Private Equity and Hedge Funds
  • Housing and Mortgages
  • Systemic Risk and Wall Street
  • Student Lending
  • Racial Justice

Featured Posts

  • AFR in the News In the News: GOP targets Treasury’s risk-watching data hub (Politico)
  • AFR in the News In the News: Stablecoins’ step toward mainstream could shake up parts of US Treasury market (Reuters)
  • AFR in the News In the News: In this corrupt age, a new crypto law should leave no loopholes (LA Times)
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