Below is the opening of our monthly newsletter. View the full newsletter online here.
When you sit down with friends and loved ones at the Thanksgiving table this week, the last thing you should be worried about is the economic security and circumstances of your family. Unfortunately, most Americans don’t have that luxury, given skyrocketing costs, limited and decreasing opportunities, and economic anxiety. Remember, 50% of Americans—more than 150 million Americans—own less than 2.5% of the wealth of country. That means they have little if anything in savings or emergency funds. They are living on the edge so when prices go up or jobs go down, catastrophe strikes. Anxiety is an ever-present reality for too many of our neighbors.
That’s why we’re fighting for a better, fairer economy, one that provides more opportunity and security, and a financial system refocused on broad-based wealth creation, not wealth extraction (too often from those who can least afford it). That’s also why we’re fighting back against the mindless rollbacks of the most basic consumer and investor protections, weakening bank stability, unregulated crypto activities and crimes, and indefensible failures to protect veterans and service members from being targeted by scammers and fraudsters.
Better Markets is the voice of Main Street Americans—those without wealth and lobbyists—in the halls of power in Washington from the rule-writing agencies and the Congress to the White House and the media. From tracking and combatting financial industry abuses to advocating for common sense rules and guardrails, our mission is clear: fight a rigged economy and financial system and promote an economic system that works for everyone.
However, we can’t do this alone. That’s why I’m so grateful for our partners and supporters who make our work possible.
Next week is Giving Tuesday, and we need your help. Every dollar makes a difference and enables us fight for Main Street Americans, challenge the status quo, fearlessly speak truth to power, and push for sensible rules that benefit everyone—not just the already wealthy and well connected. I hope you will consider supporting us by making a financial gift. In the meantime, please read on for a summary of the ways we’ve been taking on special interests and standing up for Main Street this month.
With gratitude,
Dennis
Dennis Kelleher
Co-Founder, President, & CEO
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