Letter to Congress: AFR Opposes Legislation That Would Weaken Oversight of Giant Financial Firms
“On behalf of Americans for Financial Reform, we are writing to express our opposition to HR 1550, HR 3340, HR 3557, and HR 3738. All of this legislation would dramatically weaken the ability of the Financial Stability Oversight Council (FSOC) and the Office of Financial Research (OFR) to identify and act to control emerging risks in our evolving financial system. “