Congress Archives - Page 6 of 27 - Americans for Financial Reform

Letters to Congress: Letter to Congress Regarding Google’s Entrance into Digital Asset Markets

We, the undersigned organizations, write to you as advocates of transparency in digital asset markets. The cryptocurrency market boom has led to large corporations investing in the field, including Facebook (now Meta), whose problematic “Libra” cryptocurrency proposal was scrutinized in a 2019 hearing held by the Committee, at your direction. Facebook has since abandoned the project in light of the concerns raised at this hearing and due to push back from policymakers, public interest organizations, and financial regulators.

the outside exterior of the U.S. Treasury Department building

News Release: Statement in Response to Biden Administration Executive Order on Digital Assets

“The administration’s order includes the recognition that the rapid growth of digital assets as instruments for financial speculation is creating a wide range of serious risks and harms for consumers, investors, and the public at large. It is important that the order recognizes and articulates a set of these risks, and a whole of government approach can help address the scale and scope of the potential harm. It will be important for the studies authorized by the order to generate useful data and momentum for decisive regulatory action,” said Mark Hays, senior policy analyst with AFR and Demand Progress.

Letters to Congress: Letter in Support of the Economic Continuity and Stability Act

AFR joined NCLC and SBPC in a letter to Congress in support of the Economic Continuity and Stability Act, which would facilitate the credit industry’s smooth transition from the LIBOR index.

Letters to Congress: Letter in Support of Housing Survivors of Major Disasters Act

AFR joined a letter in support of H.R.3037, the Housing Survivors of Major Disasters Act.

Letters to Congress: Letter in Support of Student Loan Rehabilitation and Credit Score Improvement Act

AFR sent a letter to Congress supporting H.R. 6466, Representative Nikema Williams’ Student Loan Rehabilitation and Credit Score Improvement Act.

Letters to Congress: Confirm Four Outstanding HUD Nominees

AFR joined a letter to Congress encouraging the Senate to swiftly discharge and confirm the four highly qualified nominees for positions at the U.S. Department of Housing and Urban Development (HUD).

Letters to Congress: Immediately Bring H.R. 40, the Commission to Study and Develop Reparation Proposals for African-Americans Act, to a Full Vote on the House Floor

AFR joined a letter urging Congress to immediately bring House Resolution (H.R.) 40, the Commission to Study and Develop Reparation Proposals for African-Americans Act, to a full vote on the House floor.

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