Letters to Regulators: Treasury Climate Finance Report

Americans for Financial Reform joined 38 organizations urging Secretary Yellen to produce a bold Treasury climate finance report. Climate change poses an existential threat to the economic security of households and communities across the nation and to the financial system. As the Chair of the FSOC, it is up to Secretary Yellen to lead the writing of a Treasury report that can serve as a comprehensive roadmap that recognizes the urgency and severity of the climate crisis, includes specific policies beyond assessment and disclosure, and encourages each of the independent agencies to use all available tools to mitigate climate risk and its drivers.

the White House

Letters to the Administration: Pause Deportation of Haitians and Respect Due Process

AFR joined the Leadership Conference on Civil and Human Rights and many other organizations “to urge [President Biden] to immediately pause the removal of Haitians to Haiti and uphold basic due process and human rights for Haitians seeking asylum at the U.S. border. We also call upon your administration to investigate the treatment of migrants and conditions near the Del Rio, Texas port of entry.”

Event: Stock Buybacks Tax Hill Briefing

Take on Wall Street/AFR, the International Brotherhood of Teamsters, Communications Workers of America, AFL-CIO, and United for Respect hosted a briefing for Hill staffers on September 23, 2021, to explain why Wall Street needs an excise tax on stock buybacks and why now is the

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Letters to Regulators: Letter to the SEC on Addressing Loopholes in Forms 13-F & 13-D Reporting

Americans for Financial Reform Education Fund and the Communication Workers of America sent a letter to the Securities and Exchange Commission urging that the Commission close critical loopholes and exemptions that currently exist in its Forms 13-F and 13-D reports that have been intentionally exploited by hedge fund investors. By doing so, hedge funds can no longer utilize derivatives and other complex financial instruments to build large positions and ambush the management of companies.