Americans for Financial Reform
{{Short description|Nonprofit organization}}
{{Infobox organization
| name = Americans for Financial Reform
| native_name =
| native_name_lang =
| named_after =
| image = Americans for Financial Reform Logo.jpg
| image_size =
| alt =
| caption =
| map =
| map_size =
| map_alt =
| map_caption =
| map2 =
| map2_size =
| map2_alt =
| map2_caption =
| abbreviation =
| motto =
| predecessor =
| merged =
| successor =
| formation = 2009
| founder =
| founding_location =
| extinction =
| merger =
| type = Nonprofit advocacy group
| tax_id =
| registration_id =
| status =
| purpose = Stricter regulation of U.S. financial system
| headquarters =
| location = Washington, D.C.
| coords =
| region =
| services =
| products =
| methods =
| fields =
| membership =
| membership_year =
| language =
| owner =
| sec_gen =
| leader_title = Executive Director
| leader_name = Lisa Donner
| leader_title2 =
| leader_name2 =
| leader_title3 =
| leader_name3 =
| leader_title4 =
| leader_name4 =
| board_of_directors =
| key_people =
| main_organ =
| parent_organization =
| subsidiaries =
| secessions =
| affiliations =
| budget =
| budget_year =
| revenue =
| revenue_year =
| disbursements =
| expenses =
| expenses_year =
| endowment =
| staff =
| staff_year =
| volunteers =
| volunteers_year =
| slogan =
| mission =
| website = {{URL|http://ourfinancialsecurity.org}}
| remarks =
| formerly =
| footnotes =
}}
Americans for Financial Reform (AFR) is a progressive nonprofit organization which advocates for financial reform in the United States, including stricter regulation of Wall Street.{{cite news|last1=Dennis|first1=Brady|title=Group Has Financial Industry in Its Sights|url=https://www.washingtonpost.com/wp-dyn/content/article/2009/08/21/AR2009082103628.html?nav=rss_business|accessdate=23 July 2015|newspaper=Washington Post|date=August 22, 2009}}{{cite news|last1=Weisman|first1=Jonathan|last2=Lipton|first2=Eric|title=In New Congress, Wall St. Pushes to Undermine Dodd-Frank Reform|url=https://www.nytimes.com/2015/01/14/business/economy/in-new-congress-wall-st-pushes-to-undermine-dodd-frank-reform.html|accessdate=23 July 2015|work=New York Times|date=January 13, 2015}} AFR is a coalition of approximately 200 consumer, labor and special interest groups.{{cite news|last1=McGrane|first1=Victoria|title=Consumer groups ready for fight on new agency|url=https://www.politico.com/story/2009/07/consumer-groups-ready-for-fight-024934|access-date=23 July 2015|publisher=Politico|date=July 15, 2009}}
Activities
The group supported the passage of the Dodd–Frank Wall Street Reform and Consumer Protection Act as well as the creation of the Consumer Financial Protection Bureau.{{cite news|last1=Wheeler|first1=Lydia|title=Sen. Warren: We need to expand Dodd-Frank|url=https://thehill.com/regulation/248617-sen-warren-we-need-to-expand-dodd-frank/|access-date=23 July 2015|work=The Hill|date=July 21, 2015}}
{{cite book | last1 = Kirsch | first1 = Larry | last2 = Mayer | first2=Robert| title = Financial justice : the people's campaign to stop lender abuse | publisher = Praeger | location = Santa Barbara | year = 2013 | isbn = 978-1440829512 }} AFR has received funding from the Democracy Alliance.{{cite news|last1=Gold|first1=Matea|title=Wealthy donors on left launch new plan to wrest back control in the states|url=https://www.washingtonpost.com/politics/wealthy-donors-on-left-launch-new-plan-to-wrest-back-control-in-the-states/2015/04/12/ccd2f5ee-dfd3-11e4-a1b8-2ed88bc190d2_story.html|accessdate=23 July 2015|newspaper=Washington Post|date=April 12, 2015}}
{{Anchor|TakeOnWallStreet}}
AFR launched the Take on Wall Street coalition in 2016{{Cite web |title=Nonprofit Group Launches Website to Counter Anti-ESG Information {{!}} PLANSPONSOR |url=https://www.plansponsor.com/nonprofit-group-launches-website-to-oppose-anti-esg-information/ |access-date=2024-03-02 |website=www.plansponsor.com}} that Elizabeth Warren helped popularize.{{Cite news |last=Warmbrodt |first=Zachary |title=Warren escalates attack on ‘small, insecure’ Trump |url=https://www.politico.com/story/2016/05/warren-attacks-trump-223541}} Like Occupy Wall Street, the coalition aims to turn populist anger into financial reforms{{Cite web |last=Illing |first=Sean |date=2016-05-25 |title=Occupy Wall Street is back — and it might actually succeed this time |url=https://www.salon.com/2016/05/25/occupy_wall_street_is_back_and_it_might_actually_succeed_this_time/ |access-date=2024-03-02 |website=Salon |language=en}} like public{{Cite web |title='Banking for the People': Tlaib and Ocasio-Cortez Unveil Bill to Foster Creation of Public Banks Across US |url=https://www.commondreams.org/news/2020/10/30/banking-people-tlaib-and-ocasio-cortez-unveil-bill-foster-creation-public-banks |access-date=2024-03-02 |website=www.commondreams.org |language=en}} or postal banking.{{Cite web |last=Miettinen |first=Dylan |date=2021-10-15 |title=USPS pilots a public banking program |url=https://www.marketplace.org/2021/10/15/usps-pilots-a-public-banking-program/ |access-date=2024-03-02 |website=Marketplace |language=en-US}}
During the Biden administration, AFR has pushed for the appointment of progressives to federal office. The group praised the nomination of Saule Omarova to lead the Office of the Comptroller of the Currency (OCC).{{Cite web|last=Warmbrodt|first=Zachary|title='Radical' Biden nominee faces backlash from banks|url=https://www.politico.com/news/2021/09/24/radical-biden-nominee-faces-backlash-from-banks-514189|access-date=2021-09-27|website=POLITICO|language=en}}
References
{{reflist}}
External links
- {{official|http://ourfinancialsecurity.org}}
- [https://takeonwallst.com/ Take on Wall Street]
Category:Financial regulation in the United States
Category:Non-profit organizations based in Washington, D.C.
Category:Organizations established in 2009
Category:2009 establishments in Washington, D.C.
{{nonprofit-org-stub}}