NEW: The Biden administration sued a Texas land developer accused of duping tens of thousands of Hispanic residents.
Trump’s DOJ is now offering an unprecedented settlement that experts say could target the very people who were harmed by the developer.
w/ @texastribune.org
A homeowner in Philly with a low credit score could pay as much as $3,245 more to insure their home than someone with the same score in Camden, NJ. Meanwhile someone in Baltimore wouldn't pay any penalty because Maryland has banned the unjust practice. buff.ly/xw5O0pa
Credit scores have no connection to property-level risk. Using them to charge an insurance premium penalty perpetuates racial discrimination and extracts wealth from households least able to afford it.
In all but 3 states, insurance companies can underwrite a home insurance policy & price those policies based on the homeowner’s credit score. Lower credit score borrowers pay 30% more than higher credit households with similarly risk properties. ourfinancialsecurity.org/news/4-reaso...
“In five years, the resolution of consumer disputes is going to be worse, credit reports are going to be worse and it’s going to be harder for folks to fix them, guaranteed.” #stopvought #savecfpb
“The FBI’s report confirms something too many survivors of financial crime already know – we’re living in a golden age of online financial fraud driven by crypto.” - Mark Hays, Americans for Financial Reform
Congress should be acting quickly to protect their constituents from the crypto scam epidemic. Instead, the Senate is close to passing weak legislation that would fail to stop bad crypto actors, hamper state regulators, and legitimize the industry’s bad practices. buff.ly/qpzLBbm
The FBI received over 1 million online financial crime complaints last year, with reported losses totaling $22 billion. Half of all online financial crimes ($11.3 billion) involved crypto — an annual increase of nearly $2 billion. buff.ly/qpzLBbm
Crypto crime skyrocketed in 2025 according to FBI report: Despite the surging crypto crimewave, the Trump administration has dismissed crypto enforcement cases, cut enforcement staff, loosened regulations, and pardoned crypto criminals.
The FBI’s new 2025 Internet Crime Report, which analyses the scope and scale of online financial criminal activity and who is most impacted by it, confirms what too many survivors already know – we’re living in a golden age of online financial fraud driven by crypto. buff.ly/qpzLBbm
The rush to grant bank charters to crypto companies like Coinbase, and to hand them many of the privileges of being a bank without corresponding oversight, is dangerous and runs counter to longstanding federal law & practice.
Statement ➡️ ourfinancialsecurity.org/news/stateme...
No ICE.
No war.
No Kings. #nokings
Did you know that in all but 3 states, insurers can use your credit score to determine what you pay for homeowners insurance? Your insurance commissioner or state legislature can stop this predatory industry behavior–in fact, it’s their job.
“Our tax system is unjust. It is littered with loopholes that benefit the ultrawealthy, allowing them to game the system while working people pay higher rates than Wall Street's billionaires and multi-millionaires. The Ultra-Millionaire Tax is a key policy needed to make the superrich pay their fair share of taxes and build an economy that works better for the rest of us,” Ericka Taylor, Co-executive Director of Americans for Financial Reform
AFR proudly supports the Ultra-Millionaire Tax Act. Our tax system is unjust. Wealthy elites should not be able to game the system at the expense of the rest of us. Let's get this done.
Read the bill text in @warren.senate.gov's press release➡️ www.warren.senate.gov/newsroom/pre...
The SEC is methodically eliminating checks and paving the way for the large amount of power amassed by corporations to be exercised by just a few individuals. Find out more about the SEC’s giveaway to the Elon Musks & Peter Thiels of the world at our expense: ourfinancialsecurity.org/news/what-do...
We all know big corporations have far too much power in our economy. Within individual firms themselves, though, power dynamics between various actors had often served as checks on individual corporate insiders making unilateral decisions with no accountability.
What does the SEC have to do with the oligarchy?
Unfortunately, quite a lot. ➡️ ourfinancialsecurity.org/news/what-do...
No Thrones. No Crowns. No Kings. This Saturday, March 28, millions of us will rise up again to mobilize against Trump’s abuse of power! Join us to take part in peaceful action by finding an event near you and RSVPing now! www.nokings.org
Screenshot of a Wall Street Journal Article from March 12, 2026 titled, "Trump's Biggest Meme-Coin Investors Get Invited to Mar-a-Lago"
Trump's meme coin pumpers are at it again - selling access via $TRUMP coin buys to an exclusive gala luncheon with the President at Mar-a-Lago in April.
🔎 AFR's crypto corruption fact sheet spells out the real cost of these shady deals: ourfinancialsecurity.org/resources/we...
ICYMI: Professor Lenore Palladino guested on a recent AFREF Speaker Series webinar and gave a great rundown on the rise of unregulated lending and the current dynamics that make private credit a potential ticking time bomb. youtu.be/uCrXuDAEH2Q?...
Weakening capital standards "amid geopolitical chaos, turbulence in private markets, a potential AI-related bubble inflating & signs of a slowing economy, is like closing your umbrella in the middle of a downpour because you are not getting wet."
🎙️➡️ buff.ly/syMFfVH
Climate change is driving more severe, frequent disasters and higher recovery costs. Instead of working to bolster resilience and lower risk, insurers are pulling in record profits, and squeezing us dry. More here➡️ ourfinancialsecurity.org/events/12-9-...
Trump not only failed to deliver on his promise to cap credit card rates, he made things worse by undermining the only agency dedicated to pursuing financial justice for consumers.
www.youtube.com/watch?v=vZwV...
Recently Texas & 10 states settled a lawsuit they brought alleging the largest asset managers undermined the coal industry & violated antitrust laws. Despite weak legal arguments, Vanguard caved, agreeing to a $29.5 million payment & corporate-friendly terms ourfinancialsecurity.org/news/led-by-...
This recent piece from @halsinger.bsky.social examines one more example of Wall Street messing with housing.
Conspicuously not on this week's Blockchain Summit agenda? Consumer & investor protection; tackling scams, fraud, or corruption. Our virtual town hall, “Unpacking Trump’s Crypto Corruption,” explores further: ourfinancialsecurity.org/events/virtu...
This week DC hosts the Blockchain Summit, full of crypto lobbyists, donors & allies in Washington. Changpeng Zhao and Justin Sun - two crypto CEOs with deep Trump business ties and suspected of or convicted for fraud and failure to combat dirty money - are featured speakers.
The new guide released by the Equitable & Just Insurance Initiative sheds light on the murky & complicated rate-setting & premium calculation process that is impacting vulnerable home owners.
Read the guide for 7 clear steps states can take to fix this➡️
Happening in one hour at 3pm ET/2pm CT/12 noon PT! Join AFREF's Natalia Renta for a discussion with Dr. Lenore M. Palladino on the impacts we can expect from the rapid expansion of private credit and why financial justice advocates should be concerned.
RSVP here: us06web.zoom.us/webinar/regi...
