AFPF’s Statement on the Federal Reserve’s SVB Report

ARLINGTON, VA – Today, the Federal Reserve published its review of supervision and regulation of Silicon Valley Bank (SVB). In response, AFPF Director of Investigations Kevin Schmidt released the following statement: “While we appreciate when the federal government is willing to publicly discuss past failures, here the Federal Reserve is attempting to leverage its own supervisory…

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New reporting confirms failures of Commerce Department cronyism programs

While Kansans were busy buying and unwrapping gifts over the holidays, auditors revealed distressing problems with two major corporate welfare programs run by the Department of Commerce that could leave taxpayers holding the bag. Bad news about these types of programs isn’t surprising based on a long-track record of failure aside from giving politicians opportunities…

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The Supreme Court can stop unelected bureaucrats and private corporations from imposing taxes

Americans for Prosperity Foundation recently filed a friend-of-the-court brief in the U.S. Supreme Court in Consumers’ Research v. Federal Communications Commission, urging the Court to grant Consumers Research’s cert petition and enforce the Constitution’s system of checks and balances. At issue is the constitutionality of the Universal Service Fund, a social welfare program that subsidizes certain consumers’ telecommunications services at…

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New federal memos raise concern over social media censorship and free speech online

Newly disclosed documents reveal federal officials believe they have the authority to police speech online. On September 22, Fox News broke the news that the U.S. Department of Homeland Security privately argued the agency has the authority to censor “misinformation” — in direct contradiction to the agency’s public remarks and despite DHS Secretary Alejandro Mayorkas…

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AFP Foundation Opens Investigation into Administration’s ANWR Lease Sale Cancelation

ANCHORAGE, AK — Americans for Prosperity Foundation (AFP Foundation) filed three Freedom of Information Act (FOIA) requests seeking information on the Biden administration’s unprecedented and unlawful cancellation of oil and gas leases in the Arctic National Wildlife Refuge (ANWR). The lease sales were lawfully awarded and required by federal law.  A previous AFP Foundation investigation…

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4 outstanding questions the federal government needs to answer about its Disinformation Governance Board

“Key questions about the Disinformation   Governance Board remain unanswered.”  – AFP Foundation on May 9, 2022  More than a year after the U.S. Department of Homeland Security  announced and subsequently disbanded its Disinformation Governance Board, there remain numerous questions about the justification for the Board, the lack of guardrails for DHS components working on…

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AFP Foundation’s Certificate of Need work featured at top policy conference

“Permission to Care,” a multi-state investigation of Certificate of Need laws produced by Americans for Prosperity Foundation, is getting noticed by academics and policy experts, alike. Earlier this month, the report’s co-author, Thomas Kimbrell, presented findings from the investigation at a conference co-hosted by The Knee Center for the Study of Occupational Regulation at West…

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Americans for Prosperity Foundation Sues Biden Administration for CHIPS Act Documents

Arlington, Va. – Today, Americans for Prosperity Foundation (AFPF) filed a Freedom of Information Act (FOIA) lawsuit against the Department of Commerce and the National Institute of Standards and Technology for failing to produce records regarding the Biden Administration’s decision to administratively add onerous and counterproductive requirements to the CHIPS Act, including restrictions and mandates specifically rejected by Congress. The Wall Street Journal reported…

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