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Private Equity Delivers High Risk, Low Returns, and Costly Fees
Private equity does not deliver the superior returns that its advocates insist justify pension fund investment in this sector, and would be highly risky for retail investors, according to a new report published by the AFT and Americans for Financial…
The Latest from AFR
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From Public Pensions to Private Fortunes: How Working People’s Retirements Line Billionaire Pockets
Despite the many negative impacts of the private equity business model on working people, it is working people’s own capital in the form of public pension funds that private equity has relied upon for its expansion. Over a trillion dollars in private equity deals close each year, and public pension funds are by far their…
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AFR in the News
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Nerdwallet: The CFPB Is Still Standing … Barely. But Is It Doing Anything?
“We are at a pivotal moment for all that was, all that has been and what could be…The CFPB has done tremendous work since its inception.” -Amanda Jackson, AFR
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In the News: Lawmakers question leadership swap at company managing CDPAP home care program
The change in leadership has raised concerns from members of the state Legislature, who plan to hold a public hearing this summer on the state’s recent handling of the home care program.
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In the News: Hardly Workin’
The Consumer Financial Protection Bureau is on life support, and consumer scam complaints are surging as a result… “Keeping the complaints database public-facing is critical for public accountability, and will help state regulators and the public continue to keep an eye out for patterns of misconduct and abuse,” Christine Chen Zinner, senior policy counsel for…
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Fact Sheet: CLARITY Act Worse than Last Year’s FIT 21 Crypto Deregulation
From Bad to WorseKey Differences Between Crypto-Backed CLARITY Act and FIT 21 Deregulation Click here for a PDF of this document. This year’s crypto market structure legislation promoted by the industry shares many of the flaws of last year’s crypto legislation, but the deregulatory elements in the Digital Asset Market Clarity Act of 2025 (H.R.
