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Press Release: New Report Debunks Misleading White House Analysis on Stablecoin Yield
Today, Americans for Financial Reform Education Fund and Lee Reiners, Lecturing Fellow at Duke University, released “A Model Built to Mislead: Why the CEA’s Stablecoin Analysis was Rigged.”
The Latest from AFR
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A Model Built to Mislead: Why the CEA’s Stablecoin Analysis was Rigged
The CEA’s analysis was quickly embraced by the crypto industry as evidence that such restrictions are unnecessary. If limiting yield has little impact on bank lending, the argument goes, then policymakers should allow stablecoins — and the platforms that distribute them — to compete freely on returns. But that framing depends entirely on the assumptions…
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AFR in the News
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Banking Dive: CFPB slims small-business borrower data collection rule
The nonprofit Americans for Financial Reform blasted the CFPB’s update, saying Thursday’s rule “will let unfair and discriminatory lending practices persist,” including “well-documented lending biases against Black, Latine, Indigenous and women farmers.”
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Reuters: US consumer finance watchdog narrows Biden-era anti-discrimination rule on small business lending
Americans for Financial Reform, a pro-consumer organization that pushes for stricter oversight of the financial sector, said the change further weakened a critical civil rights tool, which it said was “unnecessary and immoral.”
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Inside Philanthropy: Philanthropy’s Chosen Blind Spot: The Harms of Extreme Wealth
The billionaire-engineered One Big Beautiful Bill last year secured $2 trillion in tax giveaways for the wealthy by cutting healthcare coverage and food assistance from an estimated more than 15 million Americans. Research from Americans for Financial Reform and the Private Equity Stakeholder Project shows that billionaire-backed private equity has significantly contributed to the affordable…
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Private Credit Questions Pension Trustees Should Be Asking Now
This is a resource for institutional investors, including pension trustees, seeking to better understand what recent turmoil in private credit could mean for their portfolios.
