Better Markets
@bettermarkets.bsky.social did:plc:5eq2iitzneruhcyu5loehuji
An independent, nonpartisan, nonprofit promoting the economic security, opportunity & prosperity of the American people. https://linktr.ee/bettermarkets
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Zusammenfassung
Better Markets (@bettermarkets.bsky.social) ist seit 6 Februar 2024 auf Bluesky. Das Konto hat 957 Follower, folgt 141 Konten und hat 634 Posts veröffentlicht.
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Wall Street’s watchdog would require more money from Congress to flex a market-tracking database it’s considering taking over that’s caused clamor inside the financial industry and out.
Post anzeigenJustice Brandeis wrote “sunlight is said to be the best of disinfectants; electric light the most efficient policeman.” He championed creating the SEC after the 1929 crash. Now, SEC is doing its work in secrecy. Read this @bettermarkets.bsky.social brief: bettermarkets.substack.com/p/the-secret...
Post anzeigenImportant explanation by @bettermarkets.bsky.social of how the crypto industry is reusing the same bogus “technological advancement” hype that Citigroup circa 1999 to gut key financial market protections. Past is prologue. We should heed its lessons: bettermarkets.org/wp-content/u...
Post anzeigenMust-read comment from @bettermarkets.bsky.social highlighting how disastrous rolling back CFPB supervision of non-bank auto lenders would be: Consumers submitted complaints about 870 nonbank, non-captive lenders but only 0.5% of them or less would be subject to CFPB supervision under the proposal.
Post anzeigen🔎 Supervisory rigor to oversee large banks is essential—not optional. The Fed's latest proposal would allow banks that are "Deficient" in one of the core areas to be considered "well managed" overall. Not only does this make no sense, but it is also dangerous. bettermarkets.org/newsroom/fed...
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