Better Markets

Better Markets issued a comment letter calling on the FSOC to reverse course. bettermarkets.org/newsroom/gutti…

The foundation of healthy, sustainable economic growth is a stable financial system that supports the real economy. But FSOC’s recent proposal abandons a key guardrail, which will fuel bubble growth that benefits the wealthy and hurts everyday folks when it inevitably bursts.

States should dictate prediction market platforms. Instead, they're regulated by the CFTC, leaving many people—including 18-20-year-olds who are otherwise barred from sports gambling even in states where it’s legal—vulnerable to the sports gambling epidemic. Read more:

For more Better Markets analysis on the Fed, banking, and the economy, go here: bettermarkets.org/analysis/the-e…

See today’s “The Public Interest” Substack from @DennisKelleher for more analysis: bettermarkets.substack.com/p/new-federal-…

Now confirmed, Fed Chair Warsh must change course and rise to the occasion of prioritizing the interests of hardworking Main Street Americans, small businesses, and community banks. His term as Chair will otherwise threaten financial stability and the economy. History is watching.

Congratulations to our CEO, @DennisKelleher, on being recognized in @washingtonian’s Most Influential People in Washington list for the sixth year, demonstrating once again that Better Markets is your voice in the Washington halls of power, and beyond.

Better Markets’ @BenSchiffrin is asking the $7 billion question: What are the odds these people just happened to trade at the right time and got lucky? The CFTC should be investigating these trades.

We're excited to announce our new Press Secretary and Digital Manager, Isabella Ristuccia. In her new role, Isabella will manage media relationships, develop messaging, and produce high-impact digital content to advance an economy that works for everyone.

The same risky short-term funding that helped bring down Lehman Brothers still funds America's biggest banks today. The Fed is proposing a smarter way to account for that risk and it has broader implications for how the government sets bank capital rules. Read more in our latest Substack. bettermarkets.substack.com/p/the-feds-gsi…

With over 1500 comments recently filed to the CFTC, the prevailing sentiment among many everyday Americans is clear, writes @amandalfischer : 1⃣Gambling on elections and geopolitical events like war have no place in society; 2⃣Sports betting should stay under the jurisdiction of states and tribal governments; 3⃣The risks of insider trading are dire; and 4⃣The CFTC is ill-equipped to police the market. Read more in today's "The Public Interest." open.substack.com/pub/bettermark…

The agency charged with protecting investors should be making it easier, and not harder, for investors to receive the material information that they need so they can invest their hard-earned money safely. “The most amazing thing about the SEC’s decision to issue the proposal is that almost no one thinks this is a good idea," says @BenSchiffrin in response to today's announced proposal. bettermarkets.org/newsroom/secs-…

The OCC is combining weak capital, unstable reserves, and weakened supervision into a dangerous single stablecoin regime. If finalized, the OCC's proposal to regulate stablecoins under the GENIUS Act will make runs more likely, spread stress more widely, and ultimately shift the consequences onto taxpayers and the real economy when these ‘stable’ coins fail to stay stable. bettermarkets.org/newsroom/occ-g…

In today's edition of The Public Interest, @chrisappel85 digs into a new OCC proposal that would give banks powerful new tools to fight, delay, and potentially neutralize the judgments of trained examiners—at a time when the OCC has fewer examiners than it used to, and when the risks in the banking system are growing. open.substack.com/pub/bettermark…

The CFTC regulates the derivatives market so that Americans can rely on fair and stable prices for their essential goods. It is not a gambling regulator. bettermarkets.org/newsroom/the-c…

We joined with @Public_Citizen and 11 other consumer protection groups to urge the CFTC to prohibit event contracts that involve elections or geopolitical events on so-called "prediction markets." bettermarkets.org/newsroom/consu…