Below is the opening of our monthly newsletter. View the full newsletter online here.
Hi friend,
For many of us, the beginning of 2025 has been deeply troubling if not traumatic. President Trump claimed the results of the 2024 presidential election was a repudiation of the status quo and that he was elected by a multi-racial coalition of working-class Americans. Yet President Trump has filled his administration with billionaires and Wall Street executives. We know from personal experience, while they think what’s best for them is also best for America, their profit maximizing often comes at the expense of Main Street Americans. Trump’s firing of CFPB Director Rohit Chopra, who returned more than $6 billion to Main Street Americans ripped off by the financial industry over the last four years, is a clear sign that he stands with Wall Street, not with the working Americans he claims elected him.
That’s why our team will track, scrutinize and highlight the Trump administration’s actions that hurt Main Street Americans and focus on policies that will create economic growth and increase economic security. Our CEO, Dennis Kelleher, did just that in a recent webinar on Trump’s election, decades of deregulation, and the catastrophic financial crash Trump is going to cause. Dennis not only detailed Trump’s dangerous regulatory agenda but also discussed the dire economic circumstances facing Americans because of an unregulated financial sector that prioritizes its bonuses. Fighting to change that and get finance to support the real economy and Main Street Americans is what Better Markets does every day.
Watch Dennis’ webinar
Meanwhile, our Shayna Olesiuk took on Wall Street’s lobbyists in an NPR interview on the importance of stress tests for our financial system and our economy. Shayna also warned about the potential banking crisis resulting from climate catastrophes like the tragic California wildfires. This is an especially important warning as the administration withdraws from the fight against climate change. Our team also released an extensive report on the importance of whistleblowers in protecting our financial system in this deregulatory environment, and provided positive visions for how Congress and the SEC can actually stand up for Main Street.
With your support and partnership, our team will continue to take on the Trump administration, the financial industry, or any group that puts its interests above the public interest.
Best,
Travis Horr
Director of External Affairs