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Private Equity is Behind LA’s Raging Warehouse Fire
Firefighters battled a weeklong warehouse fire at a 500,000 square foot food storage facility in Boyle Heights, CA, a historically Chicano neighborhood in Los Angeles.
The Latest from AFR
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The Private Equity 401(k) Trap
Wall Street and the Trump administration are pushing dangerous deregulation to give private equity firms access to the more than $14 trillion in retirement savings kept in 401(k) and other defined contribution plans. The proposal would risk people’s retirement security and amount to a tremendous and regressive transfer of wealth from workers saving for retirement…
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AFR in the News
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Congress Woman Rashida Tlaib: Tlaib Introduces Bank Failure Accountability Act
“The public is hungry for wealthy executives to be held accountable for the harm their self-serving risk-taking has caused,” said Natalia Renta, Esq., Associate Director of Corporate Governance & Power, Americans for Financial Reform. “By setting aside a significant portion of pay that executives could lose in cases of failure of their financial institution or…
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The Block: Senate races to advance crypto legislation in July as housing bill turmoil threatens timeline
“The question for Congress is, are you going to focus on key priorities and use your limited remaining time to get that done, or are we going to focus on this sort of niche issue being driven by some wealthy interests that if done poorly could have really longstanding impacts on the financial system without…
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The American Prospect: Crypto Industry Gets Its Way on GENIUS Act Rulemaking
“Stablecoin, despite their name, haven’t proven to be all that stable,” explains Mark Hays, the associate director for cryptocurrency and financial technology at Americans for Financial Reform.
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Which Side Are They On? How Members of the 119th Congress Voted on Wall Street and Financial Justice for Families
This report tracks major bills and joint resolutions in this issue area with recorded votes on the House and Senate floor. During the first session of the 119th Congress, lawmakers voted on a set of measures that eroded consumer and investor protection, enabled cryptocurrency corruption, and provided giveaways to Wall Street and billionaires at the…
