-
Senators Must Not Buckle to Demands of Crypto Industry Billionaires or Ignore Presidential Corruption
The Senate Agriculture and Banking Committees are taking up controversial and increasingly partisan crypto legislation that would expose people’s retirement savings, the financial system, and the economy to highly-risky crypto tokens.
Events
-
AFREF Speaker Series: Are We on the Brink of a 2008-Style Financial Crisis?
We appear to be in the midst of a speculative stock market bubble centered on AI. Does that mean we are about to have a 2008-style financial crisis? Join us for a conversation with Damon Silvers about the moment we are in and the steps that regulators should take to guard against the risk of a catastrophic financial crisis. Mr. Silvers was the Deputy Chair of the Congressional Oversight Panel for the 2008 bank bailout and for many years directed financial markets policy at the AFL-CIO. He brings to bear his experiences with the 2008 crisis as well as the…
The Latest from AFR
-
-
FIRE SALES TO WALL STREET: A Review of Government-Sponsored Residential Note Sales
Growing Wall Street control of single family homes is a contributor to our housing crisis, with mega single-family investors (those who own more than 1,000 homes nationwide) controlling an estimated 446,000 homes as of January 2025. Nationally, the presence of corporate landlords in a community has been associated with raised rents, junk fees, reduced maintenance,
-
AFR in the News
-
NJTODAY: New Jersey Democrats help speculative and opaque vultures of Wall Street
In a scathing letter to Congress, a united front including Americans for Financial Reform, the AFL-CIO, AFSCME, the American Federation of Teachers, the Consumer Federation of America, National Nurses United, the UAW, and over a dozen other major organizations sounded a stark alarm.
-
Cryptorank: Crypto Market Structure Bill Faces Critical Hurdle as Senate Committee Releases Revised CLARITY Act Draft
Similarly, consumer advocacy groups urge caution in the regulatory approach. “Any legislation must prioritize investor protection above industry preferences,” emphasized Americans for Financial Reform director Lisa Donner.
-
Senator Tammy Baldwin: Senator Baldwin Leads Bill to Cap Credit Card Late Fees at $8
The Credit Card Fairness Act is endorsed by Americans for Financial Reform, the Consumer Federation of America, Groundwork Collaborative, the National Consumer Law Center (on behalf of its low-income clients), Public Citizen, and Protect Borrowers.
-
We’ll All Pay the Cost for Crypto Corruption
The crypto industry is determined to ram through legislation in Congress that gives the industry carte blanche operating power, without any true oversight, regulation, or accountability. And, adding insult to injury, the industry is trying to block the ability for states to step in and fill federal gaps in oversight.
