Better Markets
@BetterMarkets
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An independent, nonpartisan, nonprofit promoting the economic security, opportunity & prosperity of the American people. NEWSLETTER: https://t.co/081JZy0BAl
Washington, DC
Joined June 2010
Service members, veterans and their families are disproportionately targeted by financial scams and financial predators. The Trump administration can honor the military community by strengthening the CFPB and associated consumer protection enforcement.
bettermarkets.org
Service members, veterans, and their families are disproportionately targeted by financial scams and financial predators. That’s painfully obvious whenever one walks outside the gates of a military...
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Policymakers must avoid looking at #CommunityBanks as institutions of the past that no longer have a place or function in our financial system and stop prioritizing large banks and technology companies, writes Phillip Basil, of @BetterMarkets, in @AmerBanker @BankThink. Read
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In his latest op-ed, Director of Economic Growth and Financial Stability Phillip Basil discusses how policymakers can level the playing field so community banks can thrive.
americanbanker.com
Policymakers must avoid looking at community banks as institutions of the past that no longer have a place or function in our financial system and stop prioritizing large banks and technology...
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Thirty years ago, Congress passed the PSLRA to preserve securities class actions. But the SEC's recent decision to allow public companies to force shareholders into mandatory arbitration will prevent them from filing class action lawsuits in court.
bettermarkets.org
WASHINGTON, D.C.—Benjamin Schiffrin, Director of Securities Policy for Better Markets, issued the following statement in connection with Better Markets’ new Fact Sheet, “The SEC’s Attempt to Kill...
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With Veterans Day next week, the Trump Administration can honor the service and sacrifice of the military community by strengthening the CFPB. Read more in our new fact sheet:
bettermarkets.org
Service members, veterans, and their families are disproportionately targeted by financial scams and financial predators. That’s painfully obvious whenever one walks outside the gates of a military...
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Sam Bankman-Fried's appeal hearing begins tomorrow. @DennisKelleher spoke with @CNN about the possibility of SBF being pardoned following other recent high-profile, white-collar pardons: "The unmistakable message is, ‘crime pays.'"
cnn.com
Sam Bankman-Fried is trying to rewrite the story of one of the biggest white-collar crimes in American history.
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Happy Halloween 🎃 Step into the Better Markets Haunted House of Financial Horrors by reading our October newsletter.
bettermarkets.org
Below is the opening of our monthly newsletter. View the full newsletter online here. This month, Better Markets celebrated its 15th anniversary. Fighting for hardworking Main Street Americans, an...
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Tomorrow is the 17th anniversary of Satoshi Nakamoto's white paper introducing the world to Bitcoin. He envisioned a way for people to make payments without going through a financial institution. But today, crypto bears almost no resemblance to this vision and is mainly a vehicle
bettermarkets.org
Introduction On October 31, 2008, Satoshi Nakamoto released the white paper introducing the world to Bitcoin. The problem for crypto enthusiasts is that Bitcoin today bears no resemblance to Bitcoin...
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The Fed lowered interest rates today while inflation is still creeping up. To get a deeper understanding of those issues and the affordability crisis, check out our recent provocative webinar.
bettermarkets.org
On Thursday, October 23, Better Markets hosted an engaging webinar, Affordability & Inflation: What if We’re Thinking About This All Wrong?, featuring Mark Blyth, Brown University political economist...
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Travis Hill’s FDIC Chair nomination hearing is tomorrow. His deregulatory agenda favors Wall Street over consumers and financial stability. We urge the @SenateBanking committee to ask these important questions:
bettermarkets.org
For more than 90 years, the FDIC has been the gold standard in protecting Americans’ savings, the banking system, and the economy from banking crashes and disasters. That’s because it has consisten...
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"Eliminating the disclosure of the identity of short sellers will likely result in increased short selling activity... More financial activity often leads to bubble growth, not economic growth that benefits the real productive economy," @DennisKelleher tells @MAmdorsky @FT
ft.com
FCA overhauls regulations in a break with EU rules that places it more in line with the US
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Model 3 and Model Y battery packs retain 85% of their capacity on average after 200K miles of driving We also offer an 8 years or 120,000 miles battery warranty, whichever comes first
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The Fed is proposing to destroy one of its most effective tools - robust stress tests of the biggest, most dangerous banks in the country. Just the latest in a series of major Fed deregulatory changes that will benefit Wall Street at the expense of Main Street.
bettermarkets.org
WASHINGTON, D.C.— Dennis Kelleher, President, CEO, and Co-founder of Better Markets, issued the following statement in response to a Friday afternoon meeting of the Board of Governors of the Federal...
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WATCH LIVE: @MkBlyth joins @econjared and @deborah_solomon to talk inflation and affordability. Are we thinking about it all wrong?
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Today’s decision to pardon Changpeng Zhao (CZ) is perhaps the most brazen signal that the Trump Administration has given the green light to crypto crime. Read our full statement:
bettermarkets.org
WASHINGTON, D.C.— Statement from Amanda Fischer, Better Markets COO and Policy Director, on today’s announced presidential pardon of Changpeng Zhao (CZ), the co-founder and former CEO of Binance who...
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REGISTER for our upcoming webinar on Thursday, October 23 at 1:30pm EST: https://t.co/K465emJVVO
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The FDIC is supposed to maintain confidence & stability in the banking system, but its push to weaken signage requirements opens too many loopholes that will allow consumers to be tricked into thinking their money is protected when it's not.
bettermarkets.org
WASHINGTON, D.C.— Shayna Olesiuk, Director of Banking Policy, issued the following statement on the filing of a comment letter to the Federal Deposit Insurance Corporation (FDIC) on a Proposal about...
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In an upcoming webinar, our panelists will unpack how we define and measure inflation, critique prevailing economic narratives, and offer fresh solutions for policymakers. Register now: https://t.co/K465emJVVO
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@CNN We also highlighted this threat to local communities in a recent @ft op-ed. https://t.co/ZhTx5Yvnqr
ft.com
The machines located in Latino, Black and low-income neighbourhoods offer a promise of inclusion but involve high costs
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Our Friday read - Excellent reporting from @cnn on crypto ATM scams.
cnn.com
Companies often fail to refund money to victims and aggressively fight police to claw back scam money seized from machines.
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