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Americans for Financial Reform @ourfinancialsecurity.org · 2d

🚨 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

Americans for Financial Reform @ourfinancialsecurity.org · 2d

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.

More Perfect Union @moreperfectunion.bsky.social · 2d

Morgan Stanley will now allow crypto investments in any type of account, including retirement accounts.

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Reposted by Americans for Financial Reform

Lenore Palladino @lenorepalladino.bsky.social · 2d

unregulated finance is open to everyone now, full stop

I'm writing a piece about this & it just keeps getting worse

More Perfect Union @moreperfectunion.bsky.social · 2d

Morgan Stanley will now allow crypto investments in any type of account, including retirement accounts.

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Americans for Financial Reform @ourfinancialsecurity.org · 2d

Industrial loan companies (ILCs) *are* banks. They accept deposits, process payments & issue loans. So why aren't they subject to Federal Reserve supervision? This regulatory loophole poses big risks, especially regarding Big Tech or retail companies' privileged access to consumer financial data.

Blog: Big Tech, Predatory Fintech, and Big Retail Would Reap Bonanza from Expanding the Industrial Bank Loophole - Americans for Financial Reform

If the Trump administration gives a flood of Big Tech companies, fintech firms, and others their own industrial loan banks these operators will be free to prey upon people with unfair terms, junk…

ourfinancialsecurity.org

Americans for Financial Reform @ourfinancialsecurity.org · 3d

Trump's call to privatize Fannie & Freddie is downright reckless, especially right now. It ignores renters & homebuyers already struggling with unaffordable housing & puts the stability of our entire housing finance system at risk just to benefit a few billionaire investors.

Blog: Rushing to Privatize Fannie and Freddie Would Make Housing More Expensive While Putting the Entire U.S. Economy at Risk - Americans for Financial Reform

The Trump administration has called for the recapitalization and return to private control of Fannie Mae and Freddie Mac, which provide critical support for the mortgage market.

ourfinancialsecurity.org

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Americans for Financial Reform @ourfinancialsecurity.org · 8d

Have you been to a Capital One Café? While on the surface the idea of a big bank running a coffee shop is just weird, the deeper implications of this illegal mixing of banking and commerce reveal a much more insidious threat. ourfinancialsecurity.org/news/blog-ca...

Blog: Capital One’s De-Branching Comes After your Locally-Owned Coffee Shop - Americans for Financial Reform

When the Federal Reserve foolishly approved the Capital One takeover of Discover, it ignored the fact that Capital One had relentlessly closed bank branches after a series of mergers over the past…

ourfinancialsecurity.org

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Americans for Financial Reform @ourfinancialsecurity.org · 9d

A resilient financial system depends on strong capital standards and other guardrails. Weakening capital standards now would make the system shakier, the economy more fragile, and the public more exposed—just like the deregulation that led to the 2008 financial crisis.

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

Americans for Financial Reform @ourfinancialsecurity.org · 13d

🚨 Big money from crypto billionaires = big threat for families, our economy, and our democracy. We need YOUR voice to stop their dangerous agenda. Join the nationwide VIRTUAL RALLY on Oct. 7, 6:30pm ET.✍️ RSVP: us06web.zoom.us/webinar/regi...

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Americans for Financial Reform @ourfinancialsecurity.org · 23d

What does the crypto industry really want? Don't miss this episode of the Computer Says Maybe podcast as AFR's Mark Hays joins host Alix Dunn to discuss who benefits and who loses from the dark side of crypto’s supposed promise of innovation & financial freedom.🎙️🎧▶︎https://buff.ly/gPKs8vP

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Americans for Financial Reform @ourfinancialsecurity.org · 24d

🏚️Did you know insurers unfairly penalize homeowners with lower credit scores? AFREF's new report with @publiccitizen.bsky.social details how those penalties worsen household financial health, particularly for those who live in neighborhoods of color ➡️ ourfinancialsecurity.org/news/newrepo...

Rising Property Insurance Premiums: The Uneven Risks to Household and Systemic Financial Stability - Americans for Financial Reform

Introduction Property insurance is growing more expensive and harder to obtain throughout the U.S. Climate change and the rising costs of severe weather damage are a crucial cause, but racial and…

ourfinancialsecurity.org

Americans for Financial Reform @ourfinancialsecurity.org · 25d

Things Republican SEC Comm'rs did today that hurt regular people:
❌ Undermined investors' right to take corporate wrongdoers to court buff.ly/5eIc0Yf
❌ Helped private funds dodge reporting requirements designed to prevent financial crashes buff.ly/HLWE9pZ

Statement: Republican SEC Commissioners Make a Backdoor Attack on Investor Rights - Americans for Financial Reform

Today, the Republican SEC Commissioners moved a cowardly measure that undermines the rights of investors by allowing SEC staff to approve company requests to force all shareholder cases into…

buff.ly

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Reposted by Americans for Financial Reform

U.S. House Committee on Financial Services - Democrats @ushousefsc.bsky.social · Sep 10

Ranking Member @repmaxinewaters.bsky.social' opening remarks at today's full Committee hearing:

“Trump’s chaotic interference in private markets, and the misuse of government tools, is only to give Trump more ways to bully the American people.” | tinyurl.com/45b6mb2a

WATCH: youtu.be/BcExMqJWm-I

09/10/2025 - Ranking Member Maxine Waters on Trump’s Communist Takeover

YouTube video by U.S. House Committee on Financial Services

youtu.be

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Reposted by Americans for Financial Reform

U.S. House Committee on Financial Services - Democrats @ushousefsc.bsky.social · Sep 10

Republicans are working w/Trump’s SEC to strip power from investors & force companies to instead bow to his political demands. This is as anti-capitalist as it gets.

Committee Democrats are fighting to protect investors from this blatant power grab.
💻: tinyurl.com/sxwz5ezk
📻: x.com/USHouseFSC/s...

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Americans for Financial Reform @ourfinancialsecurity.org · Sep 10

👏Not only is private equity driving hospital closures, but it is a growing threat to home and community based services (HCBS), as well. ourfinancialsecurity.org/resources/re...

Report: Wall Street on your Doorstep: Protecting Home Care from Private Equity Abuses - Americans for Financial Reform

Home and community based services (HCBS) have steadily become a viable choice for aging and disability care after decades of campaigning to make care available in responsive environments that are grou...

ourfinancialsecurity.org

Americans for Financial Reform @ourfinancialsecurity.org · Sep 10

Thank you for sharing!

Americans for Financial Reform @ourfinancialsecurity.org · Sep 10

These bills aren’t about protecting “shareholder value.” They’re an anti-ESG driven crusade designed to insulate CEOs and other corporate insiders from accountability-- at the expense of savers, investors & the rest of us.

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Americans for Financial Reform @ourfinancialsecurity.org · Sep 10

More bad bills:
❌ “Mandatory Materiality Requirement Act” lets CEOs decide what info investors don’t need.
❌ “Performance Over Politics Act” raises barriers to submitting proposals.
❌ “Businesses Over Activists Act” could end the shareholder proposal process altogether.

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Americans for Financial Reform @ourfinancialsecurity.org · Sep 10

Examples ⬇️
❌ H.R. 4098 – “Stopping Proxy Advisor Racketeering Act” → vague, chilling, designed to paralyze proxy advisors.
❌ H.R. 3402 – favors voting against shareholder proposals.
❌ Bills forcing proxy advisor registration → invites corporate meddling

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Americans for Financial Reform @ourfinancialsecurity.org · Sep 10

CEOs hate this accountability & today’s HFSC GOP bills aim to gut shareholder rights & muzzle proxy advisors who provide trusted, independent research. AFR submitted a letter to @RepFrenchHill opposing them: ourfinancialsecurity.org/wp-content/u...

buff.ly

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Americans for Financial Reform @ourfinancialsecurity.org · Sep 10

Shareholder proposals are powerful tools to hold corporations accountable on:
🌎 Climate risks
✊ Union busting
⚖️ Racial discrimination
🛡️ Worker safety
💰 Political influence
Proxy advisors play a role in this: ourfinancialsecurity.org/wp-content/u...

ourfinancialsecurity.org

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Americans for Financial Reform @ourfinancialsecurity.org · Sep 10

Since then DE & TX have changed their laws to favor billionaire insiders & weaken shareholder & retirement savers' protections.
So what’s the bigger threat:
⚖️ Shareholders exercising their rights
OR a potential trillionaire running amok, risking people’s retirement savings? 🤔

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Americans for Financial Reform @ourfinancialsecurity.org · Sep 10

The real threat? Musk, who has actively undermined state corporate law. When a judge struck down his $56B Tesla pay package as “unfathomable,” Musk mocked the Delaware judge & reincorporated Tesla & SpaceX in Texas.

Delaware Just Caved to Billionaire Bullying By Overhauling Its Corporate Law - Americans for Financial Reform

As Musk is trying to gut the agencies that enforce federal regulations, state corporate law is poised to become even more important. Delaware should have held firm. by Natalia Renta While Elon…

ourfinancialsecurity.org

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Americans for Financial Reform @ourfinancialsecurity.org · Sep 10

🚨 Today HFSC is holding a hearing on “Proxy Power and Proposal Abuse.” These Republican sponsored bills won’t protect shareholders — they’ll make things worse, while the real threat to corporate governance goes unchecked. financialservices.house.gov/calendar/eve...

Hearings | U.S. House Committee on Financial Services

2129 Rayburn House Office Building

financialservices.house.gov

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Americans for Financial Reform @ourfinancialsecurity.org · Sep 5

You know CEO pay is out of control when the same man who slashed vital government programs because they were "wasteful" is perfectly fine receiving a pay package that could cover the entire Medicaid budget.

“His own median worker is making $57,000...It’s just very outrageous.” - Natalia Renta, AFR

Elon Musk Could Become First Trillionaire Under New Tesla Pay Package

Tesla’s board unveiled a compensation package for the chief executive that could be worth $900 billion if he meets ambitious targets.

www.nytimes.com

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Americans for Financial Reform @ourfinancialsecurity.org · Sep 4

The House is pushing to gut nearly $1 billion from HUD & slash funding for eviction prevention, rental aid & public housing maintenance. This bill will open the door for rent hikes, work requirements & even time limits on how long people can receive help. Tell Congress NO! ➡️https://buff.ly/wJFgpvY

Don't let Congress cut affordable housing funding!

The House just drafted a bill that will cut Housing and Urban Development (HUD) funding by nearly a billion dollars! Millions of Americans rely on HUD to provide affordable housing and homelessness…

actionnetwork.org

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