@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.
@ourfinancialsecurity.org💻️ We'd love to see you at today's webinar! Today at 4:30 ET:
Our water, land and power supply are not the only things the billionaire tech guys are trying to grab: they are also trying to take more and more control over our financial system.
RSVP:
buff.ly/axbeEVo
@ourfinancialsecurity.orgWhat does Anthropic’s IPO tell us about who gets to shape the rules around AI—and who bears the risks?
AFR’s Natalia Renta, Associate Director for Corporate Governance & Power, explores the question in a new 3-part series.
Start here: buff.ly/Qlf152F
@ourfinancialsecurity.orgIs the extraordinary run-up in AI-related valuations sustainable, or is it the latest chapter in a familiar boom-bust pattern? Join AFREF and the Levy Economics Institute of Bard College for an in person discussion on Oct 14th.
RSVP: buff.ly/CP1cVQo
@ourfinancialsecurity.orgCrucially, the new bill extends liability to private equity firms for labor violations at companies they control. It also supports increasing transparency and oversight of private equity activities, shedding light on an industry that has operated in the shadows for far too long.
@ourfinancialsecurity.orgThe bill also closes tax loopholes that currently incentivize loading companies with unsustainable debt and that allow billionaire executives to pay lower tax rates than teachers, nurses, and firefighters. #SWSLA
@ourfinancialsecurity.orgThe Stop Wall Street Looting Act would prevent this abuse and create much-needed accountability by working to cap excessive dividends and payouts that drain companies of vital resources.
@ourfinancialsecurity.orgPrivate equity has exploded from managing less than $1 trillion in 2004 to over $13 trillion today. They now control companies employing over 13 million workers. We know ultra-wealthy executives won't change on their own. That's why we need #SWSLA
@ourfinancialsecurity.orgFrom housing to hospitals to youth sports, the devastation across the economy from private equity is staggering. Prices of basic services are skyrocketing. Cornerstone companies that communities rely on are being driven into bankruptcy. Voters want change.
@ourfinancialsecurity.orgFor years, private equity firms have treated our economy like a rigged casino —loading companies with debt, stripping them of assets, and walking away with massive profits while workers and communities suffer. The Stop Wall Street Looting Act will change that. #SWSLA
@ourfinancialsecurity.orgPrivate equity has been looting our economy for too long. This bill introduced today by @warren.senate.gov and @pocan.house.gov, @jayapal.house.gov, and @repgreglandsman.bsky.social would curb private equity's destructive practices and protect workers, communities, and the economy.
@ourfinancialsecurity.orgThe Stop Wall Street Looting Act of 2026 (#SWSLA) would curb Wall Street's predatory practices and help build an economy that works for everyone.
@ourfinancialsecurity.orgThe watered down greenhouse gas emissions standard the California Air Resources Board is considering proposing would fail to require major polluting industries, like oil and gas firms and financial companies, to disclose most emissions. More in our report: buff.ly/xFjQoA6
@ourfinancialsecurity.org15 years ago #OccupyWallStreet changed the conversation about wealth and power and class not just in the United States, but around the world. Since then, the gap between the world's richest 1% and the rest of us has only grown wider.
@ourfinancialsecurity.orgIf enacted, H.R. 10184 would severely limit the Consumer Financial Protection Bureau’s ability to hold big banks and tech companies accountable and to protect people from unfair, predatory, and discriminatory financial practices.
@ourfinancialsecurity.orgDozens of consumer, labor, community, and civil rights groups joined us in calling on the House Financial Services Committee to oppose H.R. 10184, the so-called Consumer Financial Protection Accountability and Reform Act of 2026. buff.ly/flWHVzt
@ourfinancialsecurity.orgHouse republicans are using the few legislative days before the midterms focused not on pressing affordability issues, but on yet again attacking the #CFPB.🙄
🎬 @sylviagarcia.house.gov enters our opposition letter with allies into the record 🙏
More on Substack ⬇️ buff.ly/gP9U5by
@ourfinancialsecurity.org"The filibuster of the CLARITY Act marks a victory for people across the country and a defeat for crypto oligarchs."
- Mark Hays, AFR and Demand Progress Action’s Associate Director of Cryptocurrency and Financial Technology
@ourfinancialsecurity.org"The Senate on Tuesday voted to block the Clarity Act from advancing, dealing a major blow to the crypto industry’s push for a comprehensive market structure framework."
@ourfinancialsecurity.orgThe crypto industry’s so-called CLARITY Act was just voted down in the Senate! 🎉 This is a big win.
@ourfinancialsecurity.org"This bill poses a massive risk to families, to our economy, and to our national security. We need crypto legislation that stops political self-dealing...but this bill would turbocharge Donald Trump's unprecedented corruption." - @warren.senate.gov
