Americans for Financial Reform

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Letters to Regulators: Letter Opposing Figure Bank’s Application for a Charter

AFREF joined a letter opposing the online lender Figure Bank’s application for a charter.

News Release: Unions, Civil Rights, Financial and Environmental Justice Groups Back President Biden’s Slate of Federal Reserve Nominees

In a letter addressed to Senator Sherrod Brown (D-Ohio), Chairman of the Senate Banking Committee, a coalition of 97 unions, civil rights, financial, and environmental groups declared their support for Dr. Lisa Cook, Dr. Philip Jefferson, and Sarah Bloom Raskin, all nominated by President Joe Biden to serve on the Federal Reserve’s Board of Governors.

Letters to Congress: Letter in Support of Chairman Sherman’s Amendments to the America COMPETES Act

AFR sent a letter to Congress supporting Chairman Sherman’s amendments to H.R. 4521, the America COMPETES Act.

Letters to Congress: Letter in Strong Support of the Nominations of Lisa Cook, Sarah Bloom Raskin, and Philip Jefferson to the Federal Reserve Board of Governors

AFR and Public Citizen led a letter to Congress in strong support of the nominations of Lisa Cook, Sarah
Bloom Raskin, and Philip Jefferson to the Federal Reserve Board of Governors.

Letters to Congress: Include Strong Investment in Housing in Any Future Budget Reconciliation Bill

AFR joined a letter urging Congress to include strong investments in housing in any future budget reconciliation bill.

New Release: Statement in Response to Diem Association Being Sold to California Bank

In response to news yesterday that the Meta (Facebook) backed Diem Association has been sold to California bank Silvergate, a financial institution friendly to crypto finance projects, Demand Progress Education Fund and the Americans for Financial Reform Education Fund released the following statement.

Blog: Wall Street Private Equity Gets Bigger in Every Way

Wall Street’s private equity barons smashed previous records to complete $1.2 trillion worth of acquisitions in the United States in 2021, an all-time record. Globally, the industry gobbled up companies worth $2.1 trillion. The new acquisitions and the massive debts the industry generates is creating the risk of “the dotcom boom meeting with the financial crisis,” according to one insider.