Americans for Financial Reform

Report Category: AFREF

Fact Sheet: AFREF Coalition Fact Sheet on CFPB Protecting People and Families

The Consumer Financial Protection Bureau (CFPB), created after the devastating 2008 financial crisis, exemplifies the government working for the people by vigorously protecting consumers and their families, including by reducing junk fees and holding corporations and financial institutions accountable when they engage in unfair and illegal conduct. Since its creation, the CFPB has stood up for the little guy against Wall Street, predatory lenders, and other financial services companies, by cracking down on junk fees, reducing the burdens of medical debt, fighting lending discrimination, and promoting banking competition, all while returning billions of dollars back into the pockets of everyday people.

Report: Lessons Learned from the Paycheck Protection Program

The Paycheck Protection Program, a critical pillar of the CARES Act pandemic relief legislation, failed to equitably distribute money despite an avowed goal of focusing on small businesses, according to a new report from AFREF and six other public interest organizations and labor unions.

Private Equity Drives Retailers into Bankruptcy, Destroying Jobs and Livelihoods

View or download a PDF version here. Private Equity Drives Retailers into Bankruptcy, Destroying Jobs and Livelihoods Private equity firms have devastated the retail industry, driving dozens of major chains into bankruptcy, shutting down thousands of stores, and costing over half a million of jobs nationwide over the past two decades. Private equity firms exploit