Fact Sheet: Recommendations for Financial Regulatory Agencies To Take Further Action on AI Fact SheetJun 17, 2024 Fact Sheet: Recommendations for Financial Regulatory Agencies To Take Further Action on AI This fact sheet offers recommendations for how U.S. financial regulatory agencies can draw upon numerous existing statutory authorities to address the risks of artificial intelligence (AI) to the financial services sector. Jun 17, 2024 Todd Phillips, Adam Conner
Taking Further Agency Action on AI ReportJun 17, 2024 Taking Further Agency Action on AI This joint report from Governing for Impact and the Center for American Progress maps select agencies’ existing statutory authority to protect consumers, workers, and families from potential artificial intelligence harms. Jun 17, 2024 Will Dobbs-Allsopp, Reed Shaw, Anna Rodriguez, 5 More Todd Phillips, Rachael Klarman, Adam Conner, Nicole Alvarez, Ben Olinsky
The Lawsuit Against a New SEC Rule Could Harm Investor Protections ReportMay 31, 2024 The Lawsuit Against a New SEC Rule Could Harm Investor Protections The U.S. Court of Appeals for the 5th Circuit’s decision on the legal petition against the SEC’s private fund advisers rule could open the door to broad attacks on the regulatory framework that Congress authorized the SEC to develop and enforce for capital markets. May 31, 2024 Alexandra Thornton
The CFPB Is Cleaning Up Junk Fees ReportApr 9, 2024 The CFPB Is Cleaning Up Junk Fees The Consumer Financial Protection Bureau has taken a series of actions to cut excessive and hidden junk fees in the financial marketplace, which will save consumers billions of dollars. Apr 9, 2024 Lilith Fellowes-Granda, David Correa
Regulators’ Bank Capital Proposals Don’t Go Far Enough To Improve Financial Stability ArticleJan 16, 2024 Regulators’ Bank Capital Proposals Don’t Go Far Enough To Improve Financial Stability While the 2023 bank capital proposals make important improvements to the regulatory framework, new CAP empirical analysis shows that additions to bank equity are modest and must be larger to substantially enhance the stability of the largest banks. Jan 16, 2024 Marc Jarsulic, Lilith Fellowes-Granda
CAP Comments on Regulators’ Proposals To Increase Bank Capital Requirements ArticleDec 14, 2023 CAP Comments on Regulators’ Proposals To Increase Bank Capital Requirements The Center for American Progress submitted a comment letter to the Office of the Comptroller of the Currency, Federal Reserve, and Federal Deposit Insurance Corporation on their proposals to raise capital requirements for the largest banks—those with assets of $100 billion or more. Dec 14, 2023 Marc Jarsulic, Lilith Fellowes-Granda
CAP Submits Comments to the Office of Information and Regulatory Affairs on the Federal Insurance Office’s Climate Risk Data Collection ArticleDec 14, 2023 CAP Submits Comments to the Office of Information and Regulatory Affairs on the Federal Insurance Office’s Climate Risk Data Collection The Center for American Progress submitted a comment letter to the Office of Information and Regulatory Affairs on the Federal Insurance Office’s climate-related financial risk data collection. Dec 14, 2023 Lilith Fellowes-Granda
4 Things Bank Regulators Can Do to Help Prevent Bank Failures ArticleApr 27, 2023 4 Things Bank Regulators Can Do to Help Prevent Bank Failures In addressing the recent instability within the U.S. financial system, regulators must confront continuing risk and bank fragility. Apr 27, 2023 Marc Jarsulic, Alexandra Thornton, Lilith Fellowes-Granda
5 Priorities for the Financial Stability Oversight Council ReportMar 31, 2021 5 Priorities for the Financial Stability Oversight Council A vigorous FSOC could go a long way toward creating a U.S. financial system that is resilient and positioned to support long-term growth. Mar 31, 2021 Gregg Gelzinis
Fact Sheet: A Stronger Regulatory Framework for Shadow Banks Fact SheetJul 18, 2019 Fact Sheet: A Stronger Regulatory Framework for Shadow Banks Improving the regulation of large, complex, and interconnected shadow banks and their activities would help to protect the economy from another financial collapse. Jul 18, 2019 Gregg Gelzinis
3 of Trump’s Regulatory Rollbacks Could Cost People Almost $42 Billion a Year ArticleApr 25, 2019 3 of Trump’s Regulatory Rollbacks Could Cost People Almost $42 Billion a Year President Trump’s deregulatory agenda is hurting Americans in their paychecks, in their retirement savings, and at the pump. Apr 25, 2019 Sam Berger, Malkie Wall
President Trump’s Regulatory Rollbacks Are an Attack on Americans’ Wallets ArticleMar 27, 2019 President Trump’s Regulatory Rollbacks Are an Attack on Americans’ Wallets The Trump administration is rewriting economic rules—and everyday Americans are paying the price. Mar 27, 2019 Sam Berger, Malkie Wall
Tackling Climate Change and Environmental Injustice Tackling Climate Change and Environmental Injustice We pursue climate action that meets the crisis’s urgency, creates good-quality jobs, benefits disadvantaged communities, and restores U.S. credibility on the global stage.
Restoring Social Trust in Democracy Restoring Social Trust in Democracy Democracy is under attack at home and abroad. We must act to ensure it is accessible to all, accountable, and can serve as a force of good.
Building an Economy for All Building an Economy for All Economic growth must be built on the foundation of a strong and secure middle class so that all Americans benefit from growth.