Legislation/Regulation
Pennsylvania Republicans Use Democrats’ Playbook to Regulate Retirement Funds
The Pennsylvania House of Representatives is considering unnecessary legislation that mandates the public disclosure of confidential information of private equity firms and their pension fund investors. House Bill 1671, sponsored by Rep. Brett Miller, is a government assault on private equity funds and their investors. The bill has been…
In the News
ATR Op-Ed in The Hill: “‘The Big Three’ must prioritize returns over ESG propaganda”
On June 6th, The Hill published an op-ed by ATR Federal Affairs Manager Bryan Bashur. The piece discusses how the world’s largest asset management firms (BlackRock, Vanguard, and State Street) have lost focus on maximizing retirement plan returns and instead prefer to promote environmental, social, and governance propaganda. The…
In the News
ATR Op-Ed in Washington Examiner: “States move to protect retirees from risky woke capital”
On June 1st, the Washington Examiner published an op-ed by ATR Federal Affairs Manager Bryan Bashur. The piece discusses how states are fighting to remove environmental, social, and governance investments from pension fund returns, while the Biden administration is fully embracing woke capital. The op-ed begins by highlighting the…
Legislation/Regulation
ATR Submits Comment Letter to SEC’s Money Market Funds Rule
On April 9th, Americans for Tax Reform submitted a comment letter to the Securities and Exchange Commission’s Money Market Fund Reforms rule. Certain provisions of the rule, such as swing pricing, would weaken money market fund returns by impeding business operations and increasing the cost of MMF investment, thereby…
Legislation/Regulation
ATR Comments on FINRA Regulatory Notice on Complex Products
On May 6th, Americans for Tax Reform submitted comments to the Financial Industry Regulatory Authority’s (FINRA) notice on the availability of certain publicly traded securities to individual investors. ATR is concerned that FINRA’s proposal risks eliminating trillions of dollars of affordable and accessible investment options for individual investors.
In the News
ATR Op-Ed in Townhall: “Biden Rulemaking Poses Threat to Retirement Savings”
In an op-ed published in Townhall last week, ATR Federal Affairs Manager Bryan Bashur discusses that the Department of Labor (DOL) is expected to issue a rulemaking, which would reduce retirement savings for millions of minorities and lower income Americans. The DOL rule will likely mimic an Obama administration rule, which…
Legislation/Regulation
Lawmakers should Support Rep. Warren Davidson’s “Keep Your Coins Act”
For the first time, the Canadian government has invoked the Emergencies Act of 1988, forcing banks to freeze financial accounts of individuals involved in protesting against COVID vaccine mandates. Trudeau’s action is targeted at truck drivers who have been protesting a new mandate that requires them to be vaccinated…
In the News
ATR Op-Ed in The Hill: “Forcing climate mandates on banks will stifle access to affordable credit”
In an op-ed published in The Hill yesterday, ATR Federal Affairs Manager Bryan Bashur points out how mandating banks to take green factors into consideration will increase borrowing costs for households and businesses and slow economic growth. The Biden administration and left-wing groups support the more stringent requirements on banks to…