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.
"This is some of the most truthful considerations of the hype and fraud of [AI] technologies."
If you missed our conversation with @auwcl.bsky.social Professor Hilary Allen on AI and its threat to our financial system, you can catch the recording here: www.youtube.com/watch?v=7qFf...
If you missed our conversation with @auwcl.bsky.social Professor Hilary Allen on AI and its threat to our financial system, you can catch the recording here: www.youtube.com/watch?v=7qFf...
A Burst AI Bubble is Only the Beginning
AI poses real risks to workers and civil rights, the economy, the environment and the stability of our financial system. With this Pandora's box opened, what repercussions can we expect to see in the…
www.youtube.com
November 24, 2025 at 8:36 PM
"This is some of the most truthful considerations of the hype and fraud of [AI] technologies."
If you missed our conversation with @auwcl.bsky.social Professor Hilary Allen on AI and its threat to our financial system, you can catch the recording here: www.youtube.com/watch?v=7qFf...
If you missed our conversation with @auwcl.bsky.social Professor Hilary Allen on AI and its threat to our financial system, you can catch the recording here: www.youtube.com/watch?v=7qFf...
We must protect state power to regulate AI. Urge Congress to oppose any provision that would impose a moratorium on AI regulation now
✍️➡️ actionnetwork.org/letters/opos...
We must stop this corporate power grab before it locks in a decade of harm.
✍️➡️ actionnetwork.org/letters/opos...
We must stop this corporate power grab before it locks in a decade of harm.
Big Tech is plotting a multi-million dollar lobbying blitz to oppose AI regulation at the state and federal level.
Now, Trump and some Republicans are reportedly looking to resurrect a ban on all state-level AI regulation.
Always follow the money. youtu.be/imtkNL4v2ks?...
Now, Trump and some Republicans are reportedly looking to resurrect a ban on all state-level AI regulation.
Always follow the money. youtu.be/imtkNL4v2ks?...
Big Tech's AI Power-Grab
YouTube video by Robert Reich
youtu.be
November 24, 2025 at 3:40 PM
We must protect state power to regulate AI. Urge Congress to oppose any provision that would impose a moratorium on AI regulation now
✍️➡️ actionnetwork.org/letters/opos...
We must stop this corporate power grab before it locks in a decade of harm.
✍️➡️ actionnetwork.org/letters/opos...
We must stop this corporate power grab before it locks in a decade of harm.
🚨 Starting in just a few minutes at 3pm ET! Join us for a conversation with Hilary J. Allen, Professor at the American University Washington College of Law, on the threats the AI bubble - and the finances behind it - pose to financial stability. RSVP: buff.ly/nuXH2KL
November 14, 2025 at 7:46 PM
🚨 Starting in just a few minutes at 3pm ET! Join us for a conversation with Hilary J. Allen, Professor at the American University Washington College of Law, on the threats the AI bubble - and the finances behind it - pose to financial stability. RSVP: buff.ly/nuXH2KL
"Vought’s desire to strangle the CFPB and give a green light to predatory and abusive practices is abundantly clear, but this ridiculous legal salvo should have no chance of standing up."
Latest Nonsensical Funding Argument Attempts to Unlawfully Shutter Consumer Financial Protection Bureau - Americans for Financial Reform
Russell Vought’s latest salvo in his ongoing attack on the CFPB aims to close its doors for good by starving the bureau of funding by the end of 2025.
ourfinancialsecurity.org
November 13, 2025 at 8:07 PM
"Vought’s desire to strangle the CFPB and give a green light to predatory and abusive practices is abundantly clear, but this ridiculous legal salvo should have no chance of standing up."
📆 Join us tomorrow at 3pm ET for a conversation with @profhilaryallen.bsky.social, Professor at the American University Washington College of Law, on the threats the AI bubble - and the finances behind it - pose to financial stability. RSVP here: us06web.zoom.us/webinar/regi...
November 13, 2025 at 4:17 PM
📆 Join us tomorrow at 3pm ET for a conversation with @profhilaryallen.bsky.social, Professor at the American University Washington College of Law, on the threats the AI bubble - and the finances behind it - pose to financial stability. RSVP here: us06web.zoom.us/webinar/regi...
By dismantling the CFPB, the Trump administration is giving a green light to big banks, payday lenders, Big Tech platforms, and predatory financial apps to profit by deceiving and gouging people.
Trump administration moves again to dismantle top US consumer watchdog
Government argues funding mechanism behind Consumer Financial Protection Bureau is unlawful
www.theguardian.com
November 12, 2025 at 8:40 PM
By dismantling the CFPB, the Trump administration is giving a green light to big banks, payday lenders, Big Tech platforms, and predatory financial apps to profit by deceiving and gouging people.
The Trump administration has gutted the CFPB & let violators of the Military Lending Act off the hook. These actions reward bad actors while putting service members, their families, and our military readiness at risk. Our veterans deserve better.
www.stripes.com/opinion/2025...
www.stripes.com/opinion/2025...
Protect the Military Lending Act, which protects service members
U.S. Air Force 2nd Lt. Carter Murphy, Air Combat Command operations analyst, talks with 1st Lt. Robert Pekarek, ACC operations analyst, at the Financial Readiness Summit, Joint Base Langley-Eustis,…
www.stripes.com
November 11, 2025 at 3:18 PM
The Trump administration has gutted the CFPB & let violators of the Military Lending Act off the hook. These actions reward bad actors while putting service members, their families, and our military readiness at risk. Our veterans deserve better.
www.stripes.com/opinion/2025...
www.stripes.com/opinion/2025...
"When shareholders actively vote to limit their own legal protections while approving trillion-dollar payouts, it signals that Tesla operates in a reality all its own." buff.ly/NR6eCUY
Tesla Shareholders Boo Their Own Rights Away for Musk's $1T Prize
Shareholders vote to limit lawsuit powers while approving trillion-dollar pay package
www.techbuzz.ai
November 7, 2025 at 8:03 PM
"When shareholders actively vote to limit their own legal protections while approving trillion-dollar payouts, it signals that Tesla operates in a reality all its own." buff.ly/NR6eCUY
Reposted by Americans for Financial Reform
Today's the day Tesla shareholders will vote on Musk's insane $1 trillion pay package. For a rundown of all the key resolutions on the company's annual meeting agenda, check out this piece by Natalia Renta of
@ourfinancialsecurity.org
@ourfinancialsecurity.org
Musk’s Trillion-Dollar Pay Package Isn’t the Only Bad Thing on the Tesla Shareholder Ballot
Investors will vote on several issues at the heart of a broader national effort by oligarchs and corporate insiders to consolidate power over our economy.
inequality.org
November 6, 2025 at 2:15 PM
Today's the day Tesla shareholders will vote on Musk's insane $1 trillion pay package. For a rundown of all the key resolutions on the company's annual meeting agenda, check out this piece by Natalia Renta of
@ourfinancialsecurity.org
@ourfinancialsecurity.org
AFR's Natalia Renta shares a quick rundown of what's at stake at Tesla's annual shareholder meeting today. Many are saying today will be the most significant day in the company's history so far, but how shareholders vote will have impacts far beyond just Tesla. 📖 ➡️ inequality.org/article/musk...
November 6, 2025 at 7:06 PM
AFR's Natalia Renta shares a quick rundown of what's at stake at Tesla's annual shareholder meeting today. Many are saying today will be the most significant day in the company's history so far, but how shareholders vote will have impacts far beyond just Tesla. 📖 ➡️ inequality.org/article/musk...
🚨 Tomorrow, Tesla shareholders have a chance to stand up & vote NO on Musk’ outrageous $1 trillion dollar pay package. While the general public can't vote, your state’s pension officers & money managers can, and they need to hear from you ASAP!📝 ➡️ takebacktesla.com?source=afr
Take Back Tesla: Vote NO on Musk
Tesla workers, investors, and consumers helped make Tesla an industry leader in Electric Vehicles. But Elon Musk’s recent political activity threatens the company’s brand. Musk has embraced…
takebacktesla.com
November 5, 2025 at 8:40 PM
🚨 Tomorrow, Tesla shareholders have a chance to stand up & vote NO on Musk’ outrageous $1 trillion dollar pay package. While the general public can't vote, your state’s pension officers & money managers can, and they need to hear from you ASAP!📝 ➡️ takebacktesla.com?source=afr
💻 Coming up at 12:00 pm-1:30 pm PT/3:00 pm-4:30 pm ET today! Connect with others, build skills, and learn more about what organizers across the country are doing to fight for a livable planet and push back against authoritarianism. Register ➡️ us02web.zoom.us/meeting/regi...
November 5, 2025 at 6:52 PM
💻 Coming up at 12:00 pm-1:30 pm PT/3:00 pm-4:30 pm ET today! Connect with others, build skills, and learn more about what organizers across the country are doing to fight for a livable planet and push back against authoritarianism. Register ➡️ us02web.zoom.us/meeting/regi...
🚨 New polling shows most people oppose Elon Musk’s proposed $1 trillion Tesla pay package by 2-to-1 and think he already has more wealth than any one person should. Tomorrow, shareholders will vote to approve or reject what would be the largest pay package ever awarded to a CEO. buff.ly/vJUzjGG
Press Release: New Poll Reveals the General Public Opposes Elon Musk $1 Trillion Tesla Pay Package - Americans for Financial Reform
A new poll revealed that the public opposes Tesla’s proposed $1 trillion pay package for Elon Musk by a 2-to-1 margin.
ourfinancialsecurity.org
November 5, 2025 at 3:38 PM
🚨 New polling shows most people oppose Elon Musk’s proposed $1 trillion Tesla pay package by 2-to-1 and think he already has more wealth than any one person should. Tomorrow, shareholders will vote to approve or reject what would be the largest pay package ever awarded to a CEO. buff.ly/vJUzjGG
Crypto kiosks were associated with $250 million in scams in 2024, targeting Black and Latine communities. Despite this, the Senate is considering pro crypto legislation that would expose everyday people to more risk.
Crypto Legislation Must Address the Rampant Fraud at Crypto Kiosks - Americans for Financial Reform
Sometime after the shutdown dust settles, the Senate is expected to consider legislation to give a congressional seal of approval to cryptocurrency despite the widespread fraud and risks to everyday…
ourfinancialsecurity.org
October 30, 2025 at 7:07 PM
Crypto kiosks were associated with $250 million in scams in 2024, targeting Black and Latine communities. Despite this, the Senate is considering pro crypto legislation that would expose everyday people to more risk.
“Tesla shareholders can either check Musk’s corporate power grab or vote to cede him more and more control. These votes will likely set the stage for similar attempts by other oligarchs to consolidate their own power.”
What’s at Stake at the Upcoming Tesla Shareholder Meeting - Americans for Financial Reform
Months after Elon Musk’s self-serving deployment of DOGE to gut federal agencies inspired a song titled “Hostile Government Takeover,” Tesla’s annual shareholder meeting on November 6th will be…
ourfinancialsecurity.org
October 30, 2025 at 4:06 PM
“Tesla shareholders can either check Musk’s corporate power grab or vote to cede him more and more control. These votes will likely set the stage for similar attempts by other oligarchs to consolidate their own power.”
President Trump’s pardon of Binance founder Changpeng Zhao demonstrates the corruption that is emanating from the White House. CZ’s business is entwined with the Trump family crypto empire. Crypto crime is not just being encouraged, it is being rewarded.
The Lessons of an Indefensible Pardon for a Crypto Billionaire
Donald Trump’s grant of clemency to the founder of Binance, Changpeng Zhao, shows how the checks on Presidential power are failing.
www.newyorker.com
October 28, 2025 at 8:07 PM
President Trump’s pardon of Binance founder Changpeng Zhao demonstrates the corruption that is emanating from the White House. CZ’s business is entwined with the Trump family crypto empire. Crypto crime is not just being encouraged, it is being rewarded.
"These Democratic principles cannot become a starting point that just gets watered down in the final legislative negotiations...Instead, the principles must be the absolute floor of requirements for any crypto legislation to gain the bloc’s support."
ourfinancialsecurity.org/news/devil-w...
ourfinancialsecurity.org/news/devil-w...
Devil Will Be in the Details of Senate Democrat Crypto Principles - Americans for Financial Reform
The crypto industry has continued its legislative onslaught as the Senate begins considering giving a federal seal of approval to crypto trading.
ourfinancialsecurity.org
October 23, 2025 at 1:16 PM
"These Democratic principles cannot become a starting point that just gets watered down in the final legislative negotiations...Instead, the principles must be the absolute floor of requirements for any crypto legislation to gain the bloc’s support."
ourfinancialsecurity.org/news/devil-w...
ourfinancialsecurity.org/news/devil-w...
Regulators have caved to climate deniers and rescinded vital principles designed to prevent bank failures from climate vulnerabilities. “The bank regulators have chosen to ignore the growing & substantial climate financial risks to communities.” -Jessica Garcia, AFREF
buff.ly/cuT6Zhp
buff.ly/cuT6Zhp
October 20, 2025 at 9:29 PM
Regulators have caved to climate deniers and rescinded vital principles designed to prevent bank failures from climate vulnerabilities. “The bank regulators have chosen to ignore the growing & substantial climate financial risks to communities.” -Jessica Garcia, AFREF
buff.ly/cuT6Zhp
buff.ly/cuT6Zhp
🚨There's still time to find a #NOKINGS event near you to attend: buff.ly/rDzNYnv
❌ NO to masked agents terrorizing communities
❌ NO to letting billionaires loot our economy
❌ NO to gutting healthcare & environmental protections
❌ NO to spreading hate
❌ NO to masked agents terrorizing communities
❌ NO to letting billionaires loot our economy
❌ NO to gutting healthcare & environmental protections
❌ NO to spreading hate
October 17, 2025 at 9:37 PM
🚨There's still time to find a #NOKINGS event near you to attend: buff.ly/rDzNYnv
❌ NO to masked agents terrorizing communities
❌ NO to letting billionaires loot our economy
❌ NO to gutting healthcare & environmental protections
❌ NO to spreading hate
❌ NO to masked agents terrorizing communities
❌ NO to letting billionaires loot our economy
❌ NO to gutting healthcare & environmental protections
❌ NO to spreading hate
Today OMB Director Russell Vought unlawfully claimed he would eliminate the CFPB in its entirety within the next few months. Read AFR Co-Executive Director Ericka Taylor's statement in response: ourfinancialsecurity.org/news/stateme...
Statement: OMB’s Vought Threatens Unlawful Dismantling of CFPB - Americans for Financial Reform
Today, OMB Director Russell Vought unlawfully claimed he would eliminate the Consumer Financial Protection Bureau in its entirety within the next few months.
ourfinancialsecurity.org
October 15, 2025 at 8:52 PM
Today OMB Director Russell Vought unlawfully claimed he would eliminate the CFPB in its entirety within the next few months. Read AFR Co-Executive Director Ericka Taylor's statement in response: ourfinancialsecurity.org/news/stateme...
Consumers living in the 20% of zip codes hit worst by climate change related disasters face the steepest increase in cost for insurance premiums. People shouldn’t be forced to pay more in insurance for properties with increasingly smaller value.
ourfinancialsecurity.org/resources/pr...
ourfinancialsecurity.org/resources/pr...
October 14, 2025 at 1:53 PM
Consumers living in the 20% of zip codes hit worst by climate change related disasters face the steepest increase in cost for insurance premiums. People shouldn’t be forced to pay more in insurance for properties with increasingly smaller value.
ourfinancialsecurity.org/resources/pr...
ourfinancialsecurity.org/resources/pr...
Banks and other companies want to automate routine decision making using AI, but this poses real harm to people when algorithmic decision making can violate civil rights and consumer protection laws. buff.ly/rZnOJMC
Blog: Sandbox or Quicksand: The Big Risks with the Plot to Let Unregulated AI into Your Bank - Americans for Financial Reform
The House Financial Services Committee is once again venturing into the artificial intelligence (AI) game and seems poised to let AI and Big Tech team up with Wall Street banks with almost no…
buff.ly
October 13, 2025 at 7:36 PM
Banks and other companies want to automate routine decision making using AI, but this poses real harm to people when algorithmic decision making can violate civil rights and consumer protection laws. buff.ly/rZnOJMC
Banks bounced back pretty quickly from the 2008 crisis, but the economic trauma lingered for years for the millions of families that lost their life savings, homes, and jobs. Now Trump is daring history to repeat itself by aiming to weaken the safeguards put in place.
Blog: Weakening Bank Capital Rules Puts Us All at Risk - Americans for Financial Reform
This summer, federal bank regulators proposed a rule to massively weaken the key post-2008 financial crisis banking regulation designed to make the mega banks more resilient and reduce the risk of…
ourfinancialsecurity.org
October 13, 2025 at 1:09 PM
Banks bounced back pretty quickly from the 2008 crisis, but the economic trauma lingered for years for the millions of families that lost their life savings, homes, and jobs. Now Trump is daring history to repeat itself by aiming to weaken the safeguards put in place.
🚨 Scam alert! With the FTC shut down and not taking consumers' fraud complaints, fraudsters looking to "exploit fear and uncertainty" are demanding consumers verify their data or even pay a fee to ensure their benefits continue. This is a scam!
Consumer watchdogs warn of increase in government shutdown-related scams as workers worry about pay, benefits
Scammers may look to exploit fear and uncertainty as people worry about pay and benefits in the ongoing government shutdown.
www.cbsnews.com
October 10, 2025 at 7:42 PM
🚨 Scam alert! With the FTC shut down and not taking consumers' fraud complaints, fraudsters looking to "exploit fear and uncertainty" are demanding consumers verify their data or even pay a fee to ensure their benefits continue. This is a scam!
Allowing crypto assets in retirement accounts is incredibly risky & a bad idea. Crypto is highly volatile, ridden with fraud, plus in a major downturn, retirement savings could evaporate, as happened in the crypto winter 3 years ago when $2 trillion were wiped out.
Morgan Stanley will now allow crypto investments in any type of account, including retirement accounts.
October 10, 2025 at 3:53 PM
Allowing crypto assets in retirement accounts is incredibly risky & a bad idea. Crypto is highly volatile, ridden with fraud, plus in a major downturn, retirement savings could evaporate, as happened in the crypto winter 3 years ago when $2 trillion were wiped out.