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Press Release: Trump Administration Weaponizes Financial Regulators with Order to De-Bank Millions of People Based on Immigration Status
Yesterday, the Trump administration issued an executive order directing federal financial regulators to take a series of actions that, if implemented, will destabilize the banking system and make it harder for millions of people to access basic bank accounts, credit…
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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Medium: The Power: Let’s Talk Voting & Economic Rights
The housing market is an area of the economy well known for divergent outcomes for Black and White Americans. Recently, research done by Americans for Financial Reform Education Fund found that Wells Fargo denied mortgages to Black and Latino Americans at twice the rate for White Americans. Americans of color are also more likely to…
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The Carolinian Newspaper: A Troubling Pattern of Racial Disparities In Wells Fargo’s Mortgage Lending
Charlotte, NC – Wells Fargo’s mortgage lending patterns demonstrate significant racial disparities in Charlotte and across North Carolina, according to a new report released by Americans for Financial Reform Education Fund, North Carolina United Power for Action/NC Industrial Areas Foundation, Organized Power in Numbers, and UNITE HERE North Carolina. The study analyzed nearly 25,000 North…
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HUFFPOST: Progressives Press Ruben Gallego, Adam Schiff To Insist On Ethics In Crypto Bill
“Senators cannot accept legislation that falls short of prohibiting all elected and appointed public officials to high office and their families, including the President and Vice President, from promoting, issuing, or sponsoring crypto products and services, directly or indirectly,” Americans for Financial Reform, Demand Progress Action, Indivisible and Public Citizen said in a letter on…
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Fact Sheet: AFR and Protect Borrowers Fact Sheet on Senate Effort to Roll Back Attacks on CFPB
In 2025, the Trump-Vought CFPB rescinded 67 policies designed to protect consumers from unfair practices like lending discrimination, harassment in debt collection tactics, and surprise junk fees—and to help families access affordable credit. In the midst of a growing affordability crisis where people are already struggling to keep up with rising costs and growing debt,…
