A recent report by Better Markets CEO Dennis Kelleher warns that the Trump administration’s policies are repeating the same dangerous mistakes that led to the 2008 crisis, the 2023 turmoil, and even the Great Depression of 1929.
Better Markets also recently held a virtual event discussing these issues, including the election, the incoming administration, and the most consequential economic, financial, and political issues facing the country.
“Dennis is one of the most plugged in and important names here in Washington as the founder and leader of the investor advocacy group Better Markets. His views can not only drive fear into the heart of Wall Street, but they are also driving the conversation on Capitol Hill, especially on the most pressing topics concerning market abuse, risk and the integrity of the financial system.”
“Dennis Kelleher and his team at Better Markets have consistently pushed for financial reform that will help protect the U.S. economy from another financial crash. They are strong partners in the fight to level the playing field for middle-class families and have been persistent fighters for the American people, their jobs, savings and retirements.”
“Better Markets has served as a valuable and important voice pushing for fairness in our financial system.”
“Dennis Kelleher over at Better Markets, a huge presence in Washington, DC. A nonprofit, of course, established to make finance and government serve society a little bit better.”
“Dennis Kelleher [is] one of the most powerful lobbyists on financial regulatory reform.”
“It's more important than ever that consumers and taxpayers have strong advocates like Dennis and Better Markets to stand up for ordinary Americans.”
“Kelleher, a former attorney at Skadden, Arps, Slate, Meagher & Flom, has become well-known for his critique of both Wall Street banks and regulators who he has often accused of failing to hold the banks accountable for wrongdoing.”
“Dennis is one of the most plugged in and important names here in Washington as the founder and leader of the investor advocacy group Better Markets. His views can not only drive fear into the heart of Wall Street, but they are also driving the conversation on Capitol Hill, especially on the most pressing topics concerning market abuse, risk and the integrity of the financial system.”
“Dennis Kelleher and his team at Better Markets have consistently pushed for financial reform that will help protect the U.S. economy from another financial crash. They are strong partners in the fight to level the playing field for middle-class families and have been persistent fighters for the American people, their jobs, savings and retirements.”
Shaping the news, amplifying the public’s voice and analyzing new policies so Main Street doesn’t get left behind.
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Better Markets argues for strong regulation, effective remedies for investors, and a rulemaking process that complies with the law.
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Better Markets subject matter experts are continually sought after to amplify the public’s voice and to analyze new policies so Main Street doesn’t get left behind.
#CommunityBanks are vital to #MainStreet, providing a safe place for families and small businesses to safeguard and grow wealth and then reinvest local dollars to help communities thrive. @FinancialCmte has presented a set of principles that emphasize the importance of community…
.@USOCC's decision to ignore #climate-related financial risks is a dangerous & politically-motivated move. The American people deserve regulators who ensure banks are taking all risks into account, regardless of the source.
Banking Regulators’ Decision to Ignore Climate-Related Financial Risk Endangers Main Street...
WASHINGTON, D.C.— Dennis Kelleher, President, CEO, and Co-founder, issued the following statement in response to the ...
bit.ly
Earlier this year, the #CFPB proposed an interpretive rule that would affirm that consumers who use modern digital payment mechanisms—whether through a tech company’s proprietary wallet, a gaming platform’s virtual currency system, or even a #stablecoin—are entitled to the same…
The #CFPB has an outstanding track record of protecting Americans from unfair, deceptive, and abusive practices at the hands of the financial companies that Americans depend on to manage their financial lives, from the big banks offering credit cards laced with junk fees to the…
.@SECGov's guidance on #MemeCoins is troubling—by treating them as 'collectibles,' it leaves retail investors unprotected against pump-and-dump schemes that mirror traditional fraud. Protecting investors should always come first. @BenSchiffrin #substack
https://bit.ly/43QEoOn
In a @thehill op-ed, @DennisKelleher explains that supporting bipartisan commissions and independent agencies is crucial for ensuring predictable, informed policies & strong decision-making. Trump’s moves to break with this precedent are dangerous.
Preserve bipartisan independent agencies to serve all Americans
President Trump’s decision to fire the two Democratic commissioners at the FTC without cause has raised concerns a...
thehill.com
#BankingAgencies just dealt another blow to hardworking Americans by withdrawing a critical rule modernizing the #CRA. This move deepens wealth gaps, ignores decades of discrimination, & offers no justification. Vulnerable communities deserve better.
Politicized Banking Agencies Killing the Community Reinvestment Act (CRA) Rule Is Another Knife in...
WASHINGTON, D.C.— Dennis Kelleher, President, CEO, and Co-founder, issued the following statement in response to yet ...
bettermarkets.org
On #substack, @BenSchiffrin explains that #BlackRock’s recent $600M loss highlights the risks of #PrivateMarkets for even the most sophisticated investors. The lack of transparency, illiquidity, and misvaluation in these markets will make it extremely difficult to protect retail…
.@SECGov’s decision to stop defending #climate #disclosure rule is a setback for investor protection & transparency. These actions move the #SEC from an investor protection agency to a management protection agency which will hurt our economy.
The SEC’s Decision to Stop Defending the Climate Disclosure Rule Moves It from Investor Protection...
WASHINGTON, D.C.—Dennis M. Kelleher, Co-founder, President, and CEO, issued the following statement in response to the...
bettermarkets.org
WATCH: @SenWarren explain how the #SEC’s failure to do its job during #PaulAtkins’s time as a Commissioner helped cause the 2008 crash. That's just one of the reasons why we have serious questions about his nomination for SEC Chair. Read more about his record in our fact sheet:…
Today @SenateBanking will hold a nominations hearing, which will include #PaulAtkins to be U.S. Securities and Exchange Commission Chair and #JonathanGould, to be Comptroller of the Currency. https://www.banking.senate.gov/hearings/03/20/2025/nominatio...
Our team has created background documents that raise key…
RIGHT NOW: The @USHouseFSC is holding a hearing on the future of the #CFPB.
https://www.youtube.com/live/TI9ConA9vac
In a new analysis, our Brady Williams explains that the CFPB has been a vital force in safeguarding American consumers from unfair and deceptive financial practices. From…
.@SECGov nominee #PaulAtkins has consistently sided with Corporate America, #WallStreet’s megabanks, and the financial industry generally. That's why we have serious concerns about his nomination: https://bit.ly/4iM4LJU
As families face rising costs, the @CFTC must ensure position limits are working to protect consumers. It's time for a transparent assessment of the rules to safeguard everyday Americans from volatile commodity prices. https://bit.ly/421cqN7
#PrivateMarkets are rife with hidden risks, illiquid assets, and a lack of transparency. Expanding access to retail investors could expose them to greater financial dangers writes our @BenSchiffrin on #substack.
https://bit.ly/421qM04
In a @barronsonline's op-ed, @DennisKelleher explains that President #Trump's proposal for a "strategic #crypto reserve" is a concerning move that could put taxpayer dollars at risk. The plan lacks economic logic and offers no real benefits to #MainStreet.…
WATCH: At the #SEC's #crypto task force roundtable, our @BenSchiffrin questioned whether the #CFTC has the investor protection experience and expertise to protect retail investors in the crypto markets. http://bit.ly/43KeWYH
.@BenSchiffrin, our Director of Securities Policy, is part of the @SECGov's #Crypto Task Force. He shares his thoughts on today's roundtable and why retail investors deserve the protections of the securities laws. https://bit.ly/43KeWYH
#Stablecoins are not as stable as they seem. With unreliable transfers, risky reserves, and a lack of consumer protections, they create more problems than they solve. In an @theOpenBanker op-ed, @amandalfischer separates the hype from the reality.
Forget Myths: The Stablecoin Reality
Written by Amanda Fischer
openbanker.beehiiv.com
In a @barronsonline op-ed, @DennisKelleher explains #Trump's "strategic #crypto reserve" plan is a risky gamble, lacking economic logic and putting #taxpayer dollars at risk. Instead of speculation, we need effective regulation to protect #MainSteet.
Trump’s Strategic Bitcoin Reserve Is Needless and Risky
Americans have a lot to lose from a strategic crypto reserve, Dennis Kelleher writes in a guest commentary.
www.barrons.com
The good news is The Financial Stability Oversight Council (Stability Council) will hold its first meeting of the Trump admin tomorrow. The bad news is that it has the wrong priorities and will likely endanger the American people. #FSOC
Trump’s FSOC Priorities Risks Financial Crashes, Needless Pain on Main Street, and Taxpayer...
WASHINGTON, D.C. – Dennis M. Kelleher, Cofounder, President and CEO, issued the following statement in connection wi...
bettermarkets.org
#Trump’s lawless firing of the Democratic Commissioners at the #FTC will convert it from an independent agency into a politicized rubber stamp of the White House, destroying its independence and effectiveness.
Trump’s Lawless Firing of the FTC’s Democratic Commissioners and Likely Similar Actions Threatens...
WASHINGTON, D.C. – Dennis M. Kelleher, Cofounder, President, and CEO, issued the following statement in connection w...
bettermarkets.org
Excited to welcome Phillip Basil as Better Markets’ new Director of Economic Growth and Financial Stability! With his extensive experience in both public and private sectors, we’re looking forward to his leadership in helping to create an economy that works for all Americans.…
"Event contracts are a backdoor attempt to bring gambling into financial markets," warns our Cantrell Dumas in @Reuters. Speculative event contracts divert resources from overseeing legitimate derivatives markets that matter to all Americans.
Explainer: Event contracts: Trading's next big thing or 'backdoor to gambling'?
Event contracts have exploded in popularity since the U.S. presidential election, fueling a heated debate between trad...
www.reuters.com
2 years ago this week, #SiliconValleyBank failed. The ensuing crisis directly cost Americans more than $40 billion in bailouts. Unfortunately, few of those causes have been addressed. Read our new report to help understand the crisis and how to ensure it never happens again. #SVB…
Our @amandalfischer tells @byclairew @AmerBanker that #stablecoins present serious risks for our financial system and economy. https://www.americanbanker.com/news/the-genius-act-existenti...
The #SEC is scaling back its #cryptocurrency enforcement unit. Why does this matter? Because crime pervades the #crypto industry. Read more in an @latimes op-ed by our @BenSchiffrin. #LATimes #ransomware #crime #enforcement
https://www.latimes.com/opinion/story/2025-03-12/donald-trum...
The @SECGov's hands-off approach to #memecoins ‘sends a horrible message’ and leaves investors exposed to excessive risks, says our @DennisKelleher in @MattGoldstein26's piece on #CarolineCrenshaw's opposition to the agency's reckless actions.
The Loyal Opposition Inside the S.E.C.
Caroline Crenshaw, the lone Democratic commissioner at the Securities and Exchange Commission, is offering dissenting vi...
www.nytimes.com
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