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
A new polling memo from Americans for Financial Reform and the Center for Responsible Lending documents the widespread agreement among American voters that the student debt burden, now at $1.5 trillion, is a crisis.
Brokers too often steer investors into poorly performing, high-cost investments that are profitable for the broker, but bad for individual investors. The Securities and Exchange Commission has proposed a new regulation that purports to address the problem, but its remedy is too vague and too weak. By creating a veneer of protection, but not the reality, it would deliver a false sense of security that could leave investors worse off than they are now.