Blog
July 30, 2019
What's Below?
A Debate Night Thought: Wall Street Should Be Rooting for Elizabeth Warren!
Better Markets Speaks Truth to Power at Fed Stress Tests Conference
A Debate Night Thought: Wall Street Should Be Rooting... Read More
July 30, 2019
Stress tests, as we’ve detailed here, have been invaluable in strengthening our financial system. They are vital tools that protect taxpayers and our economy by making sure that banks have enough capital to absorb... Read More
July 30, 2019
The Democratic candidates are debating again tonight and tomorrow night. While they will no doubt talk about lots of issues, there’s one that should get outsized attention but probably won’t: how do we... Read More
July 8, 2019
Better Markets Testifies Before the Senate on Derivatives, Preventing Crashes & Protecting Taxpayers
Better Markets President and CEO Dennis Kelleher was asked to testify at a key Senate hearing on June 25, when he reminded lawmakers that America’s top five gigantic, derivative-dealing banks must be properly regulated... Read More
July 8, 2019
U.S. banking regulators have issued another round of dangerous de-regulatory proposals that will increase the likelihood of another financial crisis. These rule proposals would scale back three of the most important banking... Read More
July 8, 2019
It’s hard to believe, but some brokerage firms specialize in hiring recidivist brokers — those with 3, 4, 5 and even more customer-related disciplinary infractions on their record. These “predator wolf-... Read More
July 8, 2019
Stress tests, as we’ve detailed here, have been invaluable in strengthening our financial system. They are vital tools that protect taxpayers and our economy by making sure that banks have enough capital to... Read More
July 3, 2019
Stress tests are critical tools to protect the economy and taxpayers. Such tests, which regulators conduct on banks to see if they could survive a financial shock without failing, would have been invaluable ... Read More
June 26, 2019
Almost everything you buy (gas, cereal, coffee, etc.) is connected to complex financial instruments called “derivatives,” about 90% of which are controlled by the five biggest Wall Street banks. If those... Read More
June 24, 2019
A decent job with good wages that can support a family, buy a home, put the kids through college while saving for retirement and maybe even going on a nice vacation once in a while. A future for the kids that is better... Read More
June 24, 2019
With the first Democratic presidential candidates’ debate this Wednesday and Thursday, it’s a good time to look at what they’ve been saying and the key issues, which we will be doing often over the next... Read More
June 11, 2019
Wall Street banks and corporations and their lobbyists, trade groups and political allies have been trying for years to take away the rights that consumers and investors have to recover money when they are ripped off by... Read More
June 11, 2019
Too often bad laws, rules and regulations are obfuscated with ambiguous language and provisions or outright false wrapping and rhetoric. That’s what happened this week when the SEC finalized a misleadingly... Read More
June 6, 2019
If you have a Chase credit card, Chase is about to take away your legal rights if Chase rips you off. But, you can stop them if you act quickly. We will explain below what they are doing, why it’s so... Read More
May 2, 2019
Last week, the Financial Times exclusively reported that the Department of Justice is considering criminal charges against Goldman Sachs for its involvement in the 1MDB crime spree. If you haven’t been following... Read More
April 19, 2019
A memo released by the Trump administration’s Office of Management and Budget (OMB) directed all agencies to submit so-called guidance to the White House for review looks like an attempt to put up another major hurdle... Read More
April 19, 2019
Much like the subprime bubble that sparked the 2008 financial crisis, there is a growing number of people who see the same thing happening with high-risk, low quality leverage loans. With increasingly poor underwriting... Read More
April 18, 2019
It's easy to get distracted by the outrage-of-the-day coming from the Trump White House. But a must-read article posted by the New York Times ahead of its publication in this Sunday’s magazine really... Read More
April 17, 2019
New Ideas for Jobs, Economic Growth and Broad-based Prosperity for All Americans
At Better Markets, we fight for a strong, stable financial system that supports three pillars of the American Middle Class: jobs,... Read More