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Newsroom

Big Wall Street banks are asking the U.S. Federal Reserve to grant them an additional five-year grace period to comply with a financial reform regulation known as the Volcker rule, people familiar with the matter said. If... Read More
(Reuters) – It took the Department of Labor three tries to adopt new rules for brokers and financial advisers who sell retirement-related products. As Reuters reported when the new policy was... Read More
Donald Trump has finally outlined what he calls his economic plan for the country. In addition to the incorrect facts, shoddy statistics, baseless arguments, exaggerations and misrepresentations (as detailed by so many in... Read More
Trump's economic vision is a nightmare for Main Street: Monday afternoon, at the Detroit Economic Club, Donald Trump outlined what he called his economic plan for the country. In addition to the incorrect facts,... Read More
NOT BUYING BAYH FOR BANKING — The reaction from the left was swift and severe to the idea that if Indiana Democrat Evan Bayh returns to the Senate he could leapfrog Sherrod Brown and chair the Banking Committee if... Read More
"A fight is brewing in the Kansas and Texas courts over whether to allow advocates and opponents of the Department of Labor’s fiduciary rule to state their case. "Insurer Market Synergy urged a Kansas judge... Read More
"TRUMPENOMICS 101 — The economic plan Donald Trump rolled Monday out was a peculiar mix of supply side tax cuts (though trimmed down from his original proposal) and hard-core protectionism with a side order... Read More
FOR IMMEDIATE RELEASE Monday, August 8, 2016 Contact: Nick Jacobs, 202-618-6430 or njacobs@bettermarkets.com Washington, D.C. – Better Markets’ CEO and President, Dennis Kelleher, issued this statement... Read More
FOR IMMEDIATE RELEASE Monday, August 8, 2016 Contact: Nick Jacobs, 202-618-6430 or njacobs@bettermarkets.com Washington, D.C. – Dennis Kelleher, President and CEO of Better Markets, sent the attached letter to... Read More
The TBTF wars continue. Better Markets’ Dennis Kelleher emails: “When will the TBTF trade groups realize that just because they say something — however stridently — doesn’t make it true? First,... Read More
"The UK’s four biggest banks would need to raise another £155bn in fresh capital to withstand a new financial crisis, despite the view of the Bank of England Governor that lenders have an adequate cushion to... Read More
"WARREN ON TRUMP: NUCLEAR WAR IS BAD FOR BUSINESS — In a new Bloomberg Businessweek interview out this a.m., Sen. Elizabeth Warren (D-Mass.) on the huge disparity in Wall Street donations in favor of Hillary... Read More
"The Bank of England’s annual stress tests of the UK’s banks, designed to ensure Britain’s lenders will not be at the heart of another destructive financial crisis, have been branded “worse than... Read More
"It wasn't supposed to be this way. The regulatory onslaught that followed the 2008 crisis had one big target: ending "Too Big to Fail," the popular shorthand for large banks' (and insurers')... Read More
Hillary Clinton's War on Wall Street: At least once a week since the campaign started, Better Markets has been asked about Hillary Clinton and Wall Street, with most questions having the premise that she is in their... Read More
"The basic business model of high street banking is to profit from the “margin” between the interest rate at which banks lend to borrowers and the interest rate they pay out to depositors. The Bank of... Read More
Republicans last week adopted their national party platform during the Republican National Convention in Cleveland. The New York Times called it “the most extreme Republican platform in memory.” ThinkAdvisor... Read More
"DEM NIGHT ONE: BAD START; BETTER FINISH — Things got off to a brutal start in Philadelphia with outrage and boos from Bernie Sanders supporters over revelations in hacked emails that the DNC favored Hillary... Read More
"Throughout the presidential campaign, Hillary Clinton has been dogged by complaints that she is too close to Wall Street, from her six-figure speaking fees from Goldman Sachs and others to, most recently, her selection... Read More
"Editor's note: This story was originally published in mid-January. As Hillary Clinton prepares to accept the Democratic nomination this week at the Democratic National Convention in Philadelphia, it's... Read More

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