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Whether Lazy or Agenda Driven, Reporter Gets it Wrong
May 18, 2020

Recently, the Huffington Post published a story on the question of whether the Federal Reserve should expand one of its financing facilities, TALF, to include additional auto asset-backed securities (ABS) and consumer installment loan ABS. That story included many dishonest characterizations and insinuations about the American Financial Services Association (AFSA), its members, and its political action committee (AFSAPAC).

AFSA Submits Comment Letter to FCC on Robocall Blocking
May 18, 2020

On May 15, AFSA submitted a letter to the FCC requesting that the agency begin a rulemaking as soon as possible to ensure that all robocall blocking services include transparency and effective redress options for both consumers and callers.

Navigating Media and Consumer Engagement as We Emerge From the Pandemic
May 15, 2020

Join us on May 20 at 2:00 p.m. ET for Navigating Media and Consumer Engagement as We Emerge From the Pandemic presented by AFSA. The webinar will be conducted by Turbine Labs, which the association partners with to produce AFSA Daily Connect and communications intelligence.

Announcing the New AFSA AdvantEDGE Affinity Program
May 15, 2020

As the American economy begins to slowly reopen, the American Financial Services Association is pleased to announce another way to help members manage their business and defray some of the day-to-day costs of supporting the communities they serve.

SBA Updates Loan Guidelines
May 14, 2020

The Small Business Administration (SBA) in the past 48 hours has updated their guidelines for both the review and return of Paycheck Protection Program (PPP) loans in two FAQs.

AFSA Efforts on Next Relief Package
May 14, 2020

On May 12, House Democrats released a new stimulus proposal, dubbed the HEROES Act. The three-trillion-dollar bill may be voted on and passed largely along party lines this Friday. It is not expected to be taken up by the Senate.

WATCH | Webinar on Economic Outlook and Strategies Today @ 2p ET
May 13, 2020

Join Cox Automotive Chief Economist Jonathan Smoke today at 2:00 p.m. ET as he sets the discussion with an Auto Retailing State of the Union.

Himpler on NADA President’s Retirement: A Passion for the Industry Translated to Success
May 13, 2020

Today, Peter Welch announced plans to retire at the end of 2020 as President and CEO of the National Auto Dealers Association. Bill Himpler, President and CEO of the American Financial Services Association released the following statement:

Some Legal Clarity on PPP Loans?
May 13, 2020

With uncertainty around the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) and promised extra scrutiny by the Administration, some businesses are considering returning PPP funds they received. While AFSA does not offer legal advice, a recent decision out of a U.S. District Court in Michigan may shed some light on whether it’s necessary to return PPP funding.

AFSA Effort Shows Results in Missouri
May 12, 2020

On May 7 the American Financial Services Association sent a letter to the town of Springfield, Missouri, regarding its new ordinance imposing fees, permits, etc. on “short-term loan establishments.”

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