View or download a PDF of the factsheet here. The GENIUS Act’s Flaws and Failures The GENIUS Act rewards crypto tycoons driving the assault on democratic governance The GENIUS Act makes it easier for Elon Musk, Donald Trump or other billionaires to issue their own money, giving them even more control over our data and
View or download a PDF of the fact sheet here. CLARITY Act: A Crypto Cash Grab that is a Consumer Catastrophe CLARITY is another giveaway to the superrich. The budget bill paid for generous tax breaks to the wealthy by pushing millions of people off Medicaid, SNAP, and other essential programs. CLARITY is much the
View or download a PDF of the factsheet here. Taxing Stock Buybacks Strengthens the Real Economy and Raises Nearly $200B for Critical Programs Increasing the tax on corporate stock buybacks encourages investments in the realeconomy, discourages excessive executive compensation that widens economic inequality,and raises funds to protect healthcare, nutrition, and other programs that help workingfamilies. Stock
For fourteen years, the Consumer Financial Protection Bureau (CFPB) has kept everyday people safe from financial fraud and harm and held banks, payday lenders, and Big Tech firms accountable when they scammed and hurt people.
AFR shared maps and statistics with the Senate Environment and Public Works Committee and the Senate Banking, Housing, and Urban Affairs Committee prior to two hearings this month on the insurance crisis, which is compounded by climate change.
In its first 100 days, the Trump administration moved aggressively to dismantle the Consumer Financial Protection Bureau (CFPB), leaving the public vulnerable to predation by Wall Street, Big Tech, and predatory lenders, and satisfying the financial industry’s desire to operate without oversight. Elon Musk declared war on the CFPB, and the Republican-majority in Congress has largely aligned with the administration’s efforts to tear apart the CFPB.