Category: Economic Justice

Economic Justice

Student loans work, but not for everyone

Many former students are not repaying their loans. The National Center for Education Statistics (NCES) recently released a report detailing student loan repayment patterns for borrowers who first began college in 1995–96 and in 2003–04. Many of the numbers are startling. Twenty years after they began college, the median borrower in the 1995–96 cohort still […]

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Letter to Congress: AFR Urges House Financial Services Committee To Reject 19 Deregulatory Bills

Home » Letters to Congress Letter to Congress: AFR Urges House Financial Services Committee To Reject 19 Deregulatory Bills Submitted by admin on October 11, 2017 – 1:34 pm Share this Page: AFR sent the letter below to the House Financial Services Committee urging them to reject nineteen deregulatory bills. AFR Letter Re HFSC 10-11 […]

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Letter to Regulators: AFR Urges Federal Reserve to Maintain and Expand Accountability for Bank Boards of Directors

Home » Letters to Regulators Letter to Regulators: AFR Urges Federal Reserve to Maintain and Expand Accountability for Bank Boards of Directors Submitted by admin on October 11, 2017 – 12:28 pm Share this Page: AFR sent a comment letter to the Federal Reserve Board urging them to modify proposed rules that would reduce accountability […]

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AFR Statement: New Report on Goldman Sachs and the Trump Administration

Home » Letters and Statements AFR Statement: New Report on Goldman Sachs and the Trump Administration Submitted by admin on October 10, 2017 – 9:12 am Share this Page: FOR IMMEDIATE RELEASE Oct. 6, 2017 CONTACTCarter Doughertycarter@ourfinancialsecurity.org(202) 251-6700 New AFR Report on Goldman Sachs and the Trump Administration Americans for Financial Reform today released a […]

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Other Countries Pay for Drug Innovation, Should They Have to Pay for Marketing As Well?

View Comments In an NYT Upshot piece on innovation in health care, Aaron Carroll and Austin Frakt argue that the U.S. subsidizes other countries health care by paying higher prices for prescription drugs. This is far from obvious. Since the U.S. grants patent monopolies and then puts no checks on prices, brand drugs do cost […]

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AFR in the News: How Monopoly Man Won the Internet (NPR)

As former Equifax CEO Richard Smith prepares to testify before the Senate Banking Committee on Capitol Hill on Wednesday, activist Amanda Werner looks on through a monocle. Mark Wilson/Getty Images hide caption toggle caption Mark Wilson/Getty Images As former Equifax CEO Richard Smith prepares to testify before the Senate Banking Committee on Capitol Hill on […]

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Joint Statement: CFPB Payday Lending Rule Will Disrupt Abusive Lending, Protect Families

Share this Page:   For Immediate Release:October 5, 2017Contact: Adam Muhlendorf, adam@westendstrategy.com; 202-641-6216 CFPB Payday Lending Rule Will Disrupt Abusive Lending, Protect Families From Financial Predators Consumer, Civil Rights Advocates Welcome Key First Step to Stopping the Debt Trap, Promise to Keep Up the Fight WASHINGTON, D.C. – Today, consumer and civil rights advocates from around […]

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Monopoly Man Crashes Equifax Hearing to Protest Forced Arbitration

Share this Page: Image credit: Andrew Harrer/Bloomberg via Getty Images Americans for Financial Reform (AFR) and Public Citizen fought an attack on the new Consumer Bureau’s forced arbitration rule by delivering mock “Get-Out-of-Jail-Free” cards to the Senate, prior to the hearings with the former Equifax CEO. The Consumer Financial Protection Bureau (CFPB)’s forced arbitration rule […]

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Joint Letters: Key Consumer, Labor, and Financial Reform Groups Push Regulators to Revoke Wells Fargo’s Charter and Deposit Insurance

Home » Letters to Regulators Joint Letters: Key Consumer, Labor, and Financial Reform Groups Push Regulators to Revoke Wells Fargo’s Charter and Deposit Insurance Submitted by admin on October 4, 2017 – 4:01 pm Share this Page: Groups cite repeated abuses of consumers as evidence Wells can’t be trusted Today seven organizations called on federal […]

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AFR Statement: “Monopoly Man” Highlights Equifax, Wells Fargo Use of Forced Arbitration

Share this Page: Image via Reuters FOR IMMEDIATE RELEASE Oct. 2, 2017 CONTACT: Carter Doughertycarter@ourfinancialsecurity.org(202) 251-6700 Forced Arbitration Is a ‘Get-Out-of-Jail-Free’ Card for Banks That Cheat Customers Public Citizen, Americans for Financial Reform and Allies Deliver Monopoly-Inspired ‘Community Cheat’ Card to All 100 Senate Offices WASHINGTON, D.C. – Americans for Financial Reform and Public Citizen […]

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Public Testimony: Alexis Goldstein calls on ED Department to Reinstate MOUs with the CFPB

Share this Page: Today at a public hearing at the Department of Education, AFR’s senior policy analyst Alexis Goldstein gave testimony about the need to reinstate the Memorandum of Understanding with the CFPB, the important of the Borrower Defense and Gainful Employment regulations, and the need to urgently clear out the backlog of pending discharges […]

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