In February, 2021 Americans for Financial Reform released a report providing a snapshot of how every member of Congress voted on consumer protections, Wall Street, and financial industry legislative measures during the 116th Congress. The report includes a selection of important bills and amendments aimed at shaping the U.S. financial system and regulatory landscape and establishing priorities
Despite recent DOL rule changes, private retirement plan fiduciaries can still incorporate ESG factors into their investment actions to protect their participants’ retirement savings, maximize returns, and contribute to a more sustainable financial system. Here’s what you need to know.
AFR released recommendations for “Day One” policy actions by the Biden Administration in the areas of banking regulation, securities and markets regulation, and addressing systemic risk. These are actions that could be taken without a lengthy rulemaking and would make immediate progress toward a fairer and more just financial system. The full document is available
AFR released policy recommendations to strengthen consumer financial protections and work towards reversing the damage caused by systemic racism, and products and systems that amplify inequality.
AFR released a recommended set of systemic reforms outlining steps to create a safe and just financial system. These include both reversing the deregulation of the Trump years and taking positive steps to create a far more secure and inclusive financial system. The full document is available here: AFR Safe and Just Financial System Priorities
The folk legend Robin Hood was, as every child knows, the legendary outlaw who robbed from the rich to give to the poor. But in a reincarnation of a long-running Wall Street scheme, it is the wily financiers who rob from the ordinary folk holding investment accounts at Robinhood.