Americans for Financial Reform
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ourfinancialsecurity.org
Americans for Financial Reform
@ourfinancialsecurity.org
AFR is a nonpartisan and nonprofit coalition of more than 200 civil rights, consumer, labor, business, investor, faith-based, and civic and community groups. We are working to lay the foundation for a strong, stable, and ethical financial system.
Trump family crypto firm World Liberty Financial has applied for a national trust bank charter, but WLF’s business model does not fall within the bounds of what this kind of charter permits, and the application raises grave conflicts of interest and corruption concerns.
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February 10, 2026 at 9:33 PM
This timeline shows how one year ago, the Trump administration took over the CFPB and began a quest to dismantle the agency responsible for protecting consumers from abuses by big banks and Wall Street.

ourfinancialsecurity.org/resources/fa...
Fact Sheet: Timeline of the 100-Day Trump, Musk, and Congressional Attack on the CFPB - Americans for Financial Reform
In its first 100 days, the Trump administration moved aggressively to dismantle the Consumer Financial Protection Bureau (CFPB), leaving the public vulnerable to predation by Wall Street, Big Tech,…
buff.ly
February 9, 2026 at 8:26 PM
This scandal should be a very, very big deal:
"Under any other president, such an arrangement would cause a political earthquake in Washington...But this latest example of corruption involving Trump and his family business hardly made a blip over the past few days."
Trump’s family is embroiled in a $500m UAE scandal. We’ve hardly noticed | Mohamad Bazzi
A crypto startup founded by Trump’s family signed a huge deal with the UAE president’s brother. Where’s the political fallout?
www.theguardian.com
February 6, 2026 at 7:52 PM
“People should be very alarmed that we are trying to deregulate something that is a known problem in our financial system...It feels very much like we’re repeating a pattern in some ways.“ - Caroline Nagy, AFR Associate Director of Housing Policy www.levernews.com/trump-is-rev...
Trump Is Reverse Engineering The Great Recession
Residential mortgage-backed securities are back. Subprime mortgages are up. Welcome to 2008 2.0.
www.levernews.com
February 5, 2026 at 7:09 PM
Like much of anything AI or crypto related, the sudden development of its data centers has been reckless and largely unregulated. We don't even fully understand yet all the threats posed to the economic, environmental, climate and water security of communities. And what we do know isn't good.
Tech innovation can’t come at the cost of our water, wallets and climate – which is why we’re calling for a stop to new data centers until we determine if this industry can be properly regulated.

Join our webinar TOMORROW at 8PM ET to learn more 👇
Stop Data Centers Now! Campaign Launch · Food & Water Watch
The rapid expansion of data centers across the United States, driven by the AI and crypto boom, presents one of the bigg
fwwat.ch
February 3, 2026 at 4:20 PM
"In light of the monetary ties and the cozy relationship between the Spy Sheikh and President Trump, it is even more imperative that Senators make clear the United States is not for sale to the highest crypto bidder." -Patrick Woodall, AFR's Managing Director for Policy
Spy Sheikhs, and Secret Deals, and Crypto Scandals Oh My! - Americans for Financial Reform
Now, the drumbeat of Trump’s self-dealing is practically a corruption drumroll. In the latest exposé of the First Family using their clout to boost their personal wealth, the Wall Street Journal…
ourfinancialsecurity.org
February 3, 2026 at 3:16 PM
Instead of legislation that puts the needs of the people and safety of the entire financial system first, crypto firms continued their push for less guardrails at the White House today.
Read more➡️ finance.yahoo.com/news/exclusi...
Exclusive-White House set to meet with banks, crypto companies on legislation clash
Jan 28 (Reuters) - The White House on Monday will ​meet with executives from the ‌banking and cryptocurrency industries to discuss a path ‌forward for landmark crypto legislation which has stalled…
finance.yahoo.com
February 2, 2026 at 9:32 PM
Given the crypto industry’s nonstop pressure campaign, there is no version of the crypto legislation being considered today that would meaningfully protect consumers, preserve strong oversight, prevent abuse and corruption, or protect financial stability. www.agriculture.senate.gov/hearings/bus...
Business Meeting | The United States Senate Committee On Agriculture, Nutrition & Forestry
Business Meeting on January 29, 2026 at 5:30 AM
www.agriculture.senate.gov
January 29, 2026 at 4:26 PM
The crypto industry is demanding total obedience from Congress & rejecting any legislation that doesn't deliver all of their desired giveaways. But the sprawling legislative proposals pose significant risks - even for those not invested in crypto. ourfinancialsecurity.org/news/senator...
Senators Must Not Buckle to Demands of Crypto Industry Billionaires or Ignore Presidential Corruption - Americans for Financial Reform
The Senate Agriculture and Banking Committees are taking up controversial and increasingly partisan crypto legislation that would expose people’s retirement savings, the financial system, and the…
ourfinancialsecurity.org
January 23, 2026 at 7:09 PM
Today AFR Associate Director of Housing Policy Caroline Nagy testified before the House Oversight Committee’s Subcommittee on Economic Growth, Energy Policy & Regulatory Affairs on the role of institutional investors on the housing unaffordability crisis: ourfinancialsecurity.org/government/n...
Testimony of Caroline Nagy Before the House Oversight Committee - Americans for Financial Reform
On January 22, 2026, Americans for Financial Reform Associate Director of Housing Policy Caroline Nagy testified before the House Oversight Committee’s Subcommittee on Economic Growth, Energy Policy,…
buff.ly
January 22, 2026 at 7:51 PM
This morning, @ushousefsc.bsky.social Ranking Member @repmaxinewaters.bsky.social led a press conference in front of the U.S. Supreme Court opposing the attempt to remove Federal Reserve Board Governor Lisa Cook ahead of today’s oral arguments.
January 21, 2026 at 10:04 PM
Dr.King had more than just a dream– he understood that making economic and financial justice a reality is essential for a just and fair society.
January 19, 2026 at 12:01 PM
The Earned Wage Access Consumer Protection Act would carve out broad exemptions that allow high-cost wage advances to operate outside long-standing lending safeguards. Please tell Congress to oppose it! actionnetwork.org/letters/earn...
Tell Congress to Oppose the Earned Wage Access Consumer Protection Act
Congress is on the verge of blessing a brand-new payday lending loophole, one that hands fintech companies a license to siphon fees straight out of workers’ paychecks while pretending it’s a…
actionnetwork.org
January 16, 2026 at 2:51 PM
Senator Tim Scott's delay of the Senate Banking crypto vote after the industry demanded EVEN MORE giveaways tells you everything you need to know about the power the crypto lobby has over our lawmakers
www.politico.com/live-updates...
Tim Scott postpones Senate Banking crypto vote
Senate Banking Chair Tim Scott's move to punt a scheduled markup comes amid pushback from a key crypto firm.
www.politico.com
January 15, 2026 at 8:07 PM
A recent CFPB report found loan companies were less responsive to complaints from borrowers last year. But the Trump administration cut 15 pages from the public version of that report—removing information consumers need to protect themselves & hold the industry accountable.
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Watchdog agency scales back student loan report
The Consumer Financial Protection Bureau said the initial report was not in the scope of what is required by federal law and called the author “disgruntled” and “incompetent.”
www.politico.com
January 14, 2026 at 10:29 PM
Today, AFR and a coalition of 260 national and state civil rights, labor, community, consumer, environmental, faith-based, and other orgs urged the Senate to oppose any crypto market structure legislation that fails to address the crypto industry's harms.
➡️ ourfinancialsecurity.org/news/press-r...
January 13, 2026 at 7:52 PM
AFR/AFREF Associate Director of Housing Policy Caroline Nagy puts Trump's recent announcement on institutional investors and single-family homes into context: "No action has followed."
➡️ ourfinancialsecurity.org/news/actuall...
Actually Addressing the Affordable Housing Emergency - Americans for Financial Reform
This week, President Trump announced that he is “taking steps” to ban institutional investors from acquiring more single-family homes as part of a plan to deal with housing affordability.
ourfinancialsecurity.org
January 13, 2026 at 2:53 PM
Reposted by Americans for Financial Reform
Check out this conversation I had with Americans for Financial Reform about the threat of an AI driven financial crisis--understanding historic parallels-- from 2008 to 1873-and what regulators should do. @ourfinancialsecurity.org @iipp-ucl.bsky.social ourfinancialsecurity.org/events/12-10...
AFREF Speaker Series: Are We on the Brink of a 2008-Style Financial Crisis? - Americans for Financial Reform
We appear to be in the midst of a speculative stock market bubble centered on AI. Does that mean we are about to have a 2008-style financial crisis? Join us for a conversation with Damon Silvers about...
ourfinancialsecurity.org
January 9, 2026 at 12:56 AM
@warren.senate.gov makes the case that to make people's lives better - and to be trusted to do so - policymakers must take on the big corporate bad actors that are making our lives worse, not let them dictate policy because they have deep pockets. Full video: www.youtube.com/watch?v=XRXP...
January 12, 2026 at 9:34 PM
One year later, Eaton fire survivors are still fighting. Many say their insurance doesn't cover the costs of rebuilding, if they receive any money at all.
“Whether a family is able to get back home or is displaced permanently comes down to one thing: Money." -Joy Chen
‘Recovery is failing survivors.' Eaton Fire victims need aid a year later
“Whether a family is able to get back home or is displaced permanently comes down to one thing," said Joy Chen. That's money. Here's what others said.
www.aol.com
January 12, 2026 at 2:09 PM
At a time when consumers are already struggling, crypto scams have hit an all time high. While financial fraud is nothing new, the FTC found that individuals reported median losses related to cryptocurrency fraud that were 12x higher than that of general fraud. buff.ly/m2rZR2c
January 9, 2026 at 8:42 PM
Reposted by Americans for Financial Reform
A year after the deadly Los Angeles County fires, California’s property insurance market remains problematic; survivors are suing insurers over delayed or denied claims; and most of the state’s policyholders are likely to see their premiums rise. bit.ly/4jw4rQC

📸 Joel Angel Juarez
January 7, 2026 at 9:30 PM
Consumer financial complaints *doubled* in 2025 to 5.5 million up from 2.7 million. Consumers need stronger protections, not weaker ones— especially vulnerable consumers who are more likely to use payday loan apps. www.hrdive.com/news/some-ew...
CFPB shifts on EWA policy, again
Certain employer-partnered earned wage access products aren’t subject to U.S. lending laws, the bureau said, formally discarding a 2024 Biden-era rule.
www.hrdive.com
January 6, 2026 at 7:05 PM
At the FTC, Levine was a strong advocate for consumers against corporate rip-offs. Exciting that he will now be leading NYC's Department of Consumer and Worker Protection!
www.amny.com/law/mamdani-...
Mamdani taps federal regulator to lead Department of Consumer and Worker Protection – amNewYork
Mayor-elect Zohran Mamdani announced Monday that Sam Levine, the former director of the Federal Trade Commission’s Bureau of Consumer Protection, will lead
www.amny.com
December 23, 2025 at 6:48 PM
AFREF opposes the Trump administration's effort to undermine fair lending and civil rights law by illegitimately narrowing the scope of lending discrimination protection and enforcement. Read the submitted comment here: ourfinancialsecurity.org/government/l...
December 17, 2025 at 8:40 PM