Letters to Regulators: Letter to OMB on Race and Ethnicity Data Standards
AFREF joined a comment letter to OMB on revising their race and ethnicity data standards.
AFREF joined a comment letter to OMB on revising their race and ethnicity data standards.
This morning, the Biden administration unveiled its annual budget, which includes a tax on households with wealth over $100 million, a 1% tax on stock buybacks, and a proposal for a three-year freeze on corporate executives selling their shares after a buyback.
Letter to the NCUA urging them to prioritize consumer compliance
“The administration’s budget and Mick Mulvaney’s ‘strategic plan’ for the CFPB are transparent attempts to stop the agency from doing what it was designed to do: actually protect consumers.”said Lisa Donner, executive director, Americans for Financial Reform.
Congress should abandon budget rider proposal that would eliminate independent funding for the CFPB and other poison pills.
“The budget is not the place to try to force through provisions that are dangerous to economic stability or to families economic security, would not pass alone, or that the President would likely veto. We strongly urge Members of Congress to oppose any flawed funding proposals that undermine the CFPB, the Dodd-Frank Act, the DOL’s conflict-of-interest rule, or other financial reform and accountability legislation or regulations.”