“Uncertainty” is a term being liberally tossed about nowadays as though it were a new concept to Washington. But as AFSA noted in its recent letter to President Trump’s Domestic Policy and National Economic teams, uncertainty has long been engendered by Washington regulators, whether at the CFPB, FTC, FCC or the Department of Defense.
American businesses should have confidence that the rules being set by regulators are clear, have been appropriately vetted, are being administered fairly, and are actually working for both consumers and businesses alike.
AFSA’s letter reinforces its support for President Trump’s executive order for a broad examination by federal department and agency heads to review and rescind regulations that are either unlawful or that undermine the national interest. The EO also includes review of guidance documents, which have been used in the past as back-door rulemaking, rather than the appropriate formal rulemaking process.
AFSA highlighted a number of different policies for review, highlighting the uncertainty and confusion such policies create for businesses, customers, as well as federal regulatory staff who must attempt to implement them. You can read our letter and review the list of recommended policies for review here.
AFSA Has a List … Wants it Checked Twice
Mar 25, 2025
“Uncertainty” is a term being liberally tossed about nowadays as though it were a new concept to Washington. But as AFSA noted in its recent letter to President Trump’s Domestic Policy and National Economic teams, uncertainty has long been… Read the rest
AFSA Comments on CFPB Proposal for an Auto Loan Survey
Mar 19, 2025
On March 18, 2025, AFSA submitted a comment letter in connection with the CFPB’s proposal to launch an Auto Loan Survey. This proposal was issued on January 17, 2025.
The proposal is unusual because it seeks subjective information about consumer’s… Read the rest
AFSA Comments on IRS Commercial Clean Vehicle Tax Credit Rule
Mar 19, 2025
On March 17, 2025, AFSA submitted a comment letter to the IRS regarding a proposed rule for Commercial Clean Vehicle Tax Credits. This rule intended to clarify aspects of the Section 45W tax credit.
AFSA’s letter provided an explanation of… Read the rest
THIS THURSDAY | AFSA Webinar | Transform Your Auto Finance Strategy: Mastering Margin Management in Uncertain Times
Mar 18, 2025
Join us Thursday, March 20th at 2:00 p.m. EST!
In the fast-paced world of auto finance, staying ahead of the curve is not just a goal—it’s a necessity. In early 2025 the landscape is shifting under our feet, brought on by political shifts, economic… Read the rest
Women’s History Month | Corinne Kirkendall
Mar 13, 2025
AFSA is celebrating Women’s History Month by featuring outstanding female leaders in the consumer credit industry.
AFSA Joins Sister Trades in Providing Feedback to FCC on Revocation Rule
Mar 12, 2025
Last week, AFSA joined the American Bankers Association, ACA International, America’s Credit Unions, and the Mortgage Bankers Association (the Trades) on a call with senior FCC staff to discuss proposed TCPA rules. These rules, which… Read the rest
CRA-ing a Misguided Rule
Mar 12, 2025
The American Financial Services Association joined other trade groups in supporting a Congressional Review Act (CRA) resolution sponsored by Sen. Mike Rounds (R-SD) and Rep. Ralph Norman (R-SC) to overturn the Consumer Financial Protection… Read the rest
Credit Rate Cap Folly
Mar 12, 2025
The American Financial Services Association joined other leading financial-services trade groups in sending a letter to Reps. Alexandria Ocasio-Cortez (D-NY) and Anna Paulina Luna (R-FL) opposing their legislation that would impose… Read the rest
Women’s History Month | Kelly Lipinski
Mar 11, 2025
AFSA is celebrating Women’s History Month by featuring outstanding female leaders in the consumer credit industry.
What has been the most important lesson?
So many legal and business issues are complicated and nuance is important, so
Women’s History Month | Lesley Hastings
Mar 11, 2025
AFSA is celebrating Women’s History Month by featuring outstanding female leaders in the consumer credit industry.
