Holding Out for a Better Bill

Holding Out for a Better Bill

The Nation‘s DC Editor Chris Hayes reports on The Rachel Maddow Show that stalling the financial reform legislation has introduced stronger consumer protections.

Copy Link
Facebook
X (Twitter)
Bluesky
Pocket
Email

Wednesday’s 57-to-42 vote proved Harry Reid would need to “wrangle” Democrats as well as Republicans for the financial reform bill to move forward. Democratic Senators Maria Cantwell of Washington and Russ Feingold of Wisconsin voted against cloture, however, as The Nation‘s DC Editor Chris Hayes reports on The Rachel Maddow Show, stalling has introduced amendments for stronger consumer protections.

North Carolina Democrat Kay Hagan recently introduced a bill that would place stronger restriction on payday lenders. Other Democrat provisions include restoring the Glass-Steagall Act as well as instituting the Volcker rule.  “…It’s right and proper for people like Feingold and Campbell to say, no, we’re not going to vote on cloture unless you gives us votes on these very good, progressive amendments,” explains Hayes. 

—Clarissa León

Time is running out to have your gift matched 

In this time of unrelenting, often unprecedented cruelty and lawlessness, I’m grateful for Nation readers like you. 

So many of you have taken to the streets, organized in your neighborhood and with your union, and showed up at the ballot box to vote for progressive candidates. You’re proving that it is possible—to paraphrase the legendary Patti Smith—to redeem the work of the fools running our government.

And as we head into 2026, I promise that The Nation will fight like never before for justice, humanity, and dignity in these United States. 

At a time when most news organizations are either cutting budgets or cozying up to Trump by bringing in right-wing propagandists, The Nation’s writers, editors, copy editors, fact-checkers, and illustrators confront head-on the administration’s deadly abuses of power, blatant corruption, and deconstruction of both government and civil society. 

We couldn’t do this crucial work without you.

Through the end of the year, a generous donor is matching all donations to The Nation’s independent journalism up to $75,000. But the end of the year is now only days away. 

Time is running out to have your gift doubled. Don’t wait—donate now to ensure that our newsroom has the full $150,000 to start the new year. 

Another world really is possible. Together, we can and will win it!

Love and Solidarity,

John Nichols 

Executive Editor, The Nation

Ad Policy
x