Americans for Financial Reform (AFR) is a progressive nonprofit organization which advocates for financial reform in the

United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 states, a federal district, five major unincorporated territori ...

, including stricter regulation of Wall Street. AFR is a coalition of approximately 200 consumer, labor and special interest groups.

Activities

The group supported the passage of the

Dodd–Frank Wall Street Reform and Consumer Protection Act The Dodd–Frank Wall Street Reform and Consumer Protection Act, commonly referred to as Dodd–Frank, is a United States federal law that was enacted on July 21, 2010. The law overhauled financial regulation in the aftermath of the Great Recess ...

as well as the creation of the

Consumer Financial Protection Bureau The Consumer Financial Protection Bureau (CFPB) is an agency of the United States government responsible for consumer protection in the financial sector. CFPB's jurisdiction includes banks, credit unions, securities firms, payday lenders, mo ...

. AFR has received funding from the

Democracy Alliance The Democracy Alliance is a network of progressive donors who coordinate their political donations to groups that the Alliance has endorsed. It has been described by ''Politico'' as "the country's most powerful liberal donor club". Members of th ...

. During the

Biden Administration Joe Biden's tenure as the 46th president of the United States began with his inauguration on January 20, 2021. Biden, a Democrat from Delaware who previously served as vice president under Barack Obama, took office following his victory ...

, AFR has pushed for the appointment of progressives to federal office. The group praised the nomination of

Saule Omarova Saule Tarikhovna Omarova (russian: Сауле Тариховна Омарова, Säule Tarihqyzy Omarova, Kazakh Cyrillic: Сәуле Тарихқызы Омарова; born November 2, 1966) is a Kazakh-American attorney, academic, and public ...

to lead the

Office of the Comptroller of the Currency The Office of the Comptroller of the Currency (OCC) is an independent bureau within the United States Department of the Treasury that was established by the National Currency Act of 1863 and serves to charter, regulate, and supervise all natio ...

(OCC).

References

{{nonprofit-org-stub Financial regulation in the United States Non-profit organizations based in Washington, D.C. Organizations established in 2009 2009 establishments in Washington, D.C.