Letters to the Regulators: Letter to the FTC in Support of Collecting Information on Large-Scale Single Family Home Investors

Americans for Financial Reform Education Fund submitted a comment in support of the Federal Trade Commission’s proposed 6(b) study of large-scale single family home investors and the Commission’s plan to publicly disseminate information about homes owned by “mega investors,” defined as entities that own over 1,000 single family rental homes. 

Letters to Congress: AFR letter to House Financial Services Committee on Capital Formation Hearing

Americans for Financial Reform submitted a letter opposing several legislative proposals being considered at the House Financial Services Committee hearing “Beyond Silicon Valley: Expanding Access to Capital Across America.” Weakening investor protections in the name of capital formation threatens market integrity and exposes smaller, retail investors to unnecessary risk.

Letters to Congress: Letter in Opposition to SB 21

View or download a PDF of the letter here. Americans for Financial Reform, Consumer Federation of America, and Public Citizen led a letter in opposition to Delaware Senate Bill 21 (SB 21) with 29 additional signatories. If passed, SB 21 would overhaul Delaware corporate law

News Release: Trump Administration Joins Big Banks to Roll Back Protection on Junk Fees

The Trump administration has joined a group of big banks in an effort to destroy a vital safeguard against credit card junk fees that would have saved consumers $10 billion per year. As documented by AFR’s Wall Street Ripoff Counter, every day this CFPB rule is not in place, credit card users lose $2.7 million. To date, the bank lawsuit and now the Trump administration actions have cost consumers over $8.3 billion.