🚨 Today the House Financial Services Committee is holding a hearing called “Proxy Power and Proposal Abuse: Reforming Rule 14a-8 to Protect Shareholder Value.” But let’s be clear: the bills under discussion won’t protect shareholders — they’ll make our corporate accountability crisis even worse. The real threat to corporate governance? Elon Musk and other billionaire oligarchs’ efforts to undermine state corporate law. If we care about holding corporations accountable, shareholders must have th

Wealthy CEOs should not be able to hide their use of private jets from investors footing the bill—but they’re asking the SEC to change disclosure rules so they can do just that. The SEC should remember its mission is to protect investors, not wealthy CEOs. | Americans for Financial Reform

A year ago, the Trump administration began to dismantle the CFPB with a stop work order and staff firings. The CFPB is still around thanks to amazing consumer protection workers and advocates, but enough is enough. It’s time for Congress to care about consumers too. Tell Congress not to cozy up to big banks and instead show the CFPB a little love: https://www.responsiblelending.org/show-your-love-cfpb #CFPBMyValentine | Americans for Financial Reform