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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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Plainly Garbl: Corporate Power, Monopolies, and Economic Democracy
Americans for Financial Reform / Take on Wall Street A national coalition working to make the financial system serve working families and the real economy, rather than big banks, private equity, and Wall Street power.
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Finance News Network: US Narrows Small Business Lending Bias Rules
Industry groups, including the Bank Policy Institute and Consumer Bankers Association, largely welcomed the adjustment. While they previously raised concerns that narrowing the scope might affect data quality and fair lending enforcement, the CFPB contended the change would still encompass 92-93% of small business lending, primarily handled by bigger banks. Conversely, Americans for Financial Reform,…
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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.
