AFR Letter: Oppose HR 5893
AFR sent a letter to the Hill urging members to oppose HR 5893. This legislation would significantly hamper ability of regulators to institute any new oversight on our largest banks, and it should be rejected.
Tag Archives: Congress
AFR Letter: Oppose HR 4323
AFR sent a letter to members of Congress urging them to oppose H.R. 4323, which would weaken consumer protections and increase the amount of fees paid by families on their mortgages. This bill would also undermine the CFPB.
Tell Congress It Is Time to End Conflicts of Interest at the Federal Reserve
With estimates of JP Morgan’s trading losses now climbing as high as 9 billion there have been increasing calls for Jamie Dimon to resign from the board of directors of the New York Federal Reserve. It is indeed outrageous that Dimon is on the board of
AFR Letter: Oppose House Appropriations Proposal to Cut Funding for the CFTC
AFR sent a letter to the hill urging members of Congress to oppose the House Appropriations Committee’s proposal to cut sorely needed funding for the Commodities Futures Trading Commission (CFTC.)
AFR Letter: Oppose House Appropriations Proposal to Eliminate Budget Independence of CFPB
Read our letter opposing the House Appropriations Committee’s proposal to eliminate the budgetary independence of the CFPB.
AFR Letter: Support “The Federal Reserve Independence Act” S. 3219
AFR sent a letter endorsing S. 3219 “The Federal Reserve Independence Act” The bill mandates that the directors of regional Federal Reserve banks be appointed by the Board of Governors, rather than elected by the banks they supervise. It also bans directors or employees of the Federal Reserve from holding stock in the banks they supervise.
AFR Letter: Oppose HR 1588
AFR sent a letter to members of Congress urging them to oppose HR 1588, a bill that would preempt state laws with stronger protections for rent-to-own consumers.
AFR Letter: Oppose H.R. 1840
AFR sent a letter to members of Congress urging them to oppose H.R. 1840, legislation that unnecessarily adds over a dozen additional requirements to the already existing statutory cost-benefit requirements for the Commodity Futures Trading Commission (CFTC). These requirements would effectively paralyze the agency’s rule writing capacity, and make it impossible for the CFTC to implement laws passed by Congress to safeguard our financial system.
AFR Letter: Oppose HR 1838
Read AFR’s letter opposing HR 1838 here
AFR Letter: Oppose the Sequester Replacement Reconciliation Act of 2012
AFR sent a letter to members of congress, urging them to oppose the “Sequester Replacement Reconciliation Act of 2012”, which would end the Home Affordable Mortgage Program (HAMP), repeal the resolution authority granted to the FDIC to liquidate failing financial institutions, eliminate the Office of Financial Research, and eliminate the independence of the Consumer Financial Protection Bureau by making it the only bank regulatory agency subject to the appropriations process.