Americans for Financial Reform

Americans for Financial Reform (AFR) is a coalition of over 200 civil rights, consumer, investor, and labor organizations working to advocate for financial reform and consumer protection. They are a prominent voice in policy debates surrounding the regulation of the financial industry. AFR is currently newsworthy due to its opposition to Trump administration actions that they believe weaken consumer protections. For instance, they have criticized the deletion of thousands of pages from the Consumer Financial Protection Bureau's website, viewing it as an attempt to dismantle the agency. Additionally, AFR, alongside other progressive lawmakers, has expressed concerns about proposals to include riskier assets like cryptocurrency in 401(k) plans, arguing it could jeopardize workers' retirement savings. Their ongoing efforts highlight their commitment to safeguarding consumers and promoting a more stable and equitable financial system.