Letters to Congress: Letter in Support of the Nomination of Rohit Chopra as CFPB Director
137 organizations joined AFR in a sign on letter to Congress supporting the nomination of Rohit Chopra as the next CFPB Director.
Tag Archives: CFPB
Letters to Regulators: Letter to CFPB Acting Director on Racial Justice Priorities
AFR Education Fund joined a letter to CFPB acting director Dave Uejio that highlighted actions the Bureau can take to address systemic discrimination in the credit markets. The letter outlined issues the Bureau can address immediately and in the long term in line with its focus on racial equity.
PANEL DISCUSSION: Small Business Needs In The Biden Administration Panel Discussion Series
Since the onset of the COVID-19 pandemic, AFR with our coalition partner, Main Street Alliance, have been advocating for more rational and equitable small business relief in response to the Coronavirus pandemic. Before the pandemic, AFR promoted the need for new and innovative means to
Letters to Regulators: Comment on the CFPB’s ANPR Regarding Consumer Access to Financial Records
AFR joined a letter with our partners The National Consumer Law Center, Center for Responsible Lending, Consumer Action, Consumer Federation of America, and USPIRG commenting on the CFPB’s Advanced Notice of Proposed Rulemaking regarding consumer access to financial records. The letter responded to several questions from the CFPB to assist in developing a proposed rule to implement Section 1033 of the Dodd Frank Wall Street Reform and Consumer Protection Act. It called for a rule that would ensure control and protection for consumers accessing their own account data.
Letters to Regulators: Letter to the CFPB to Prevent Covid Foreclosures
AFREF joined a letter urging the CFPB to take immediate action to prevent a wave of Covid-19-related foreclosures, likely to be concentrated in low-income communities and communities of color.
News Release: AFR Applauds Nomination of Chopra to Lead CFPB
We applaud the nomination of Rohit Chopra to lead the CFPB. His commitment to consumer protection, his effectiveness at using the tools of government to serve the public interest, and his willingness to challenge powerful corporate interests when necessary are exactly what the Bureau needs to fulfill its crucial consumer protection mission.
Letter to Regulators: Letter Calls on Banking Agencies to Withdraw Proposed Rule on Supervisory Guidance
AFR Education Fund wrote a letter to banking regulators calling on them to withdraw a proposed rulemaking on the role of supervisory guidance. The letter criticized the new rule as unnecessary and potentially harmful, since it could limit the ability of bank supervisors to take
JOINT RELEASE: CFPB’s Debt Collection Rule Misses Critical Opportunities to Protect Consumers
The Urban Institute has documented that, even before the COVID-19 pandemic, 31% of adults in the United States with credit reports have debt in collection. That number goes up to 42% for those residing in communities of color.
Policy Recommendations: AFR Consumer Finance Priorities for 2021
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.
Letters to Regulators: Comment Letter to the CFPB on the Equal Credit Opportunity Act
AFREF and 47 organizations submitted comments on the CFPB’s RFI on the Equal Credit Opportunity Act (ECOA) and Regulation B. Our comments urged the Bureau to take no action that would weaken the ECOA in any way and consider certain steps to improve and strengthen fair lending protections under ECOA to make it stronger and more effective tool for fighting credit discrimination.