AFR sent a letter to Senators urging them to vote against Senator Crapo’s substitute amendment to S.2155, which would increase systemic risk by deregulating large banks, expose home buyers to increased risk of predatory lending, and weaken protections against racial discrimination in credit markets.
Letters to Congress: AFR Opposition Letter to Moran Amendment 2140 — A Radical Attack on Bank Supervision
AFR opposes a radical legislation that would put unprecedented new limits on the powers of bank examiners.
Click to view or download PDF version of the letter. S. 2155, the “Economic Growth, Regulatory Relief, and Consumer Protection Act,” is a controversial bill that includes dozens of measures that deregulate banks and other financial entities and would harm consumers and the public interest,
Click to view or download PDF version of the letter. S. 2155, the “Economic Growth, Regulatory Relief, and Consumer Protection Act,” would be the first major banking bill considered by the full Senate following passage in 2010 of the Dodd-Frank Wall Street Reform and Consumer