Better Markets
@BetterMarkets
An independent, nonpartisan, nonprofit promoting the economic security, opportunity & prosperity of the American people. NEWSLETTER: http://bit.ly/2yNRRat
Our latest report, released today, exposes the sweeping scope of CFPB protections that have been dismantled under the second Trump Administration, resulting in the loss of billions of dollars in savings and essential safeguards for American families. bettermarkets.org/analysis/the-d…
"The magnitude of the rollback and its costs for American consumers is staggering. The #Trump CFPB has aligned itself with industry interests, abandoning its mission to protect consumers." - Brady Williams, @BetterMarkets commondreams.org/news/russell-v… #UnitedStates
Days after the CFTC and DOJ dropped their investigations without explanation, Polymarket is reportedly reentering the U.S. market via its acquisition of QCX, an entity approved just days ago by the CFTC. With moves straight out of FTX's playbook, review is critical. Read our…
The financial industry wants to make it clear that SPACs are back. But investors should be extremely wary of their return. Our new fact sheet breaks down the risks. bettermarkets.org/analysis/spacs…
As we mark the 50th anniversary of the @CFTC and the 15th anniversary of Dodd-Frank, we should be strengthening financial safeguards, not weakening them. The public interest must be the foundation of financial regulation, not an afterthought. bettermarkets.org/analysis/the-c…
Three years ago, crypto lender Celsius Network filed for bankruptcy. Now, as the Trump Administration eliminates all guardrails around the crypto industry, crypto lenders are making a comeback. Read about the risks in our new fact sheet: bettermarkets.org/newsroom/fact-…
The #OCC just scrapped disparate impact — a rule that protects borrowers from unintentional #banking discrimination. @BetterMarkets' director of banking policy, Shayna Olesiuk, told me its removal is “shameful” and “wrong”. My latest for the @FT's BRR bankingriskandregulation.com/occ-dials-back…
Our @amandalfischer talked with @isabelletanlee @Bloomberg about considering crypto in mortgage risk assessments: "It feels motivated more by a general political inclination to be more supportive of the crypto industry rather than any sort of economic analysis or stakeholder…
WATCH: During a @USHouseFSC hearing exchange with @RepAlGreen, @DennisKelleher explains how the Trump administration's CFPB cuts leave military families financially vulnerable and unprotected.
Bettermarkets Kelleher brings the fire to review of the worst crash since ‘29 that led to Dodd-Frank
Watch now: @DennisKelleher testifying at @USHouseFSC @FinancialCmte hearing “Dodd-Frank Turns 15: Lessons Learned and the Road Ahead." financialservices.house.gov/calendar/event…
Tomorrow, @DennisKelleher will testify at @USHouseFSC @FinancialCmte hearing “Dodd-Frank Turns 15: Lessons Learned and the Road Ahead,” 10am EST. Watch here: financialservices.house.gov/calendar/event…
Ben Schiffrin, our director of securities policy, talked with @bloomberg about single-stock leveraged ETFs: "The way disclosures work right now might not really tip off retail investors at just how risky these products are." bloomberg.com/news/features/…
Our @amandalfischer spoke with @Reuters about how DOGE involvement in SEC rulemaking raises serious concerns about potential conflicts of interest and political influence overriding staff expertise. reuters.com/legal/governme…
Big victory for investors: The DC Circuit Court emphasized the importance of proxy advice by rejecting the SEC’s and financial industry’s attempt to prevent proxy advisory firms from providing investors with objective, expert recommendations. bettermarkets.org/newsroom/big-c…
The @USTreasury should consider all Americans in its decision to eliminate all paper check payments. Some of the most vulnerable people don't have internet access or a bank account, or simply don't feel comfortable with electronic payments. bettermarkets.org/newsroom/elimi…