AFREF, alongside 34 other organizations, joined a letter The Consumer Federation of America (CFA) submitted on June 7th to the Securities and Exchange Commission (SEC) raising concerns about the dire state of financial reporting in Corporate America.
AFR joined partners to send a letter to Congress urging senators and representatives to ensure that civil rights enforcement is prioritized with increased funding in the FY 2022 appropriations cycle. The letter calls on Congress to double the funding provided to each of the civil rights offices across the federal government so that they are able to adequately respond to complaints of discrimination; proactively ensure compliance with the laws they enforce; provide guidance, regulation, and technical assistance to prevent discrimination; and collect and report data on equal opportunity across all domains of American life.
26 organizations, led by the Consumer Federation of America urge reconsideration of the DOL policy allowing defined contribution plans to invest in private equity funds. Issues raised to the DOL over its original letter considering allowing such funds into private equity include: It fails to give
AFR and 68 organizations sent a letter to Congress in support of the Veterans and Consumers Fair Credit Act, which would extend the Military Lending Act’s 36% interest rate cap on consumer loans to all Americans.
On May 24th, AFR Policy Director Marcus Stanley participated in a virtual conference organized by the University of Colorado Law School.
On May 24, 2021 at 12:00PM Eastern AFR’s Senior Policy Analyst Andrew Park testified before the House Financial Services Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets on Special Purpose Acquisition Companies (SPACs). Download the full written testimony here. Written Testimony before the House Financial
President Biden today issued an executive order that outlines the administration’s plan to manage the financial risks associated with the climate crisis. The order highlights the administration’s determination to use all the resources of the federal government to combat the threat that climate change poses to financial stability.
AFR’s Linda Jun spoke at MH Action’s event for the release of their report “Displacement, Inc.: How Havenpark Capital and Enterprise Community Partners are eroding affordable housing and how residents are fighting back.”
AFREF joined a letter to the CFPB calling for greater consumer protections in their final debt collection rules.
AFREF joined our partners in a letter urging the House to pass the Comprehensive Debt Collection Improvement Act to protect vulnerable consumers from abusive debt collection practices.