Wall Street private equity funds are continuing to snap up homes to pad their expanding portfolio of rental properties. Institutional investors own nearly a quarter million single-family rental homes. Wall Street landlords often hike rents, avoid repairs, gouge tenants with fees, and are more likely to evict tenants.
New members of Congress demonstrated substantially less reliance on money from the financial services industry than incumbents who won re-election in 2018. First-term Democratic members of the House raised, on average, 17 percent of the money for their campaign committees from small donors, compared with 9.4 percent by Democratic incumbents who won re-election.
In February 2019, Americans for Financial Reform released a report showing how the 115th U.S. Congress dealt with questions involving Wall Street and the financial industry.
letter to CRAs urging credit relief for federal contractors and small businesses affected by shutdown
Letter to CRAs urging them to take steps to protect the credit reports of federal workers affected by the government shutdown