Savoring Small Victories in the Fight to Rein in Wall Street

Savoring Small Victories in the Fight to Rein in Wall Street

Savoring Small Victories in the Fight to Rein in Wall Street

Elizabeth Warren celebrates the confirmation of Richard Cordray to head of the Consumer Financial Protection Bureau.

Copy Link
Facebook
X (Twitter)
Bluesky
Pocket
Email

Visit NBCNews.com for breaking news, world news, and news about the economy

After Harry Reid’s threat to amend Senate rules broke the longstanding Republican filibuster, Richard Cordray was finally confirmed Tuesday as the head of the Consumer Financial Protection Bureau. The CFPB, which was created as part of the Dodd-Frank Wall Street Reform Act, regulates consumer financial products so that they work for ordinary Americans.

MSNBC’s Chris Hayes was joined by the visionary of the bureau, Senator Elizabeth Warren, to celebrate Cordray’s confirmation and discuss what’s next in the fight to reign in Wall Street.

—Jake Scobey-Thal

Why were the banks fighting against CFPB? Because it works.

An urgent message from the Editors

As the editors of The Nation, it’s not usually our role to fundraise. Today, however, we’re putting out a special appeal to our readers, because there are only hours left in 2025 and we’re still $20,000 away from our goal of $75,000. We need you to help close this gap. 

Your gift to The Nation directly supports the rigorous, confrontational, and truly independent journalism that our country desperately needs in these dark times.

2025 was a terrible year for press freedom in the United States. Trump launched personal attack after personal attack against journalists, newspapers, and broadcasters across the country, including multiple billion-dollar lawsuits. The White House even created a government website to name and shame outlets that report on the administration with anti-Trump bias—an exercise in pure intimidation.

The Nation will never give in to these threats and will never be silenced. In fact, we’re ramping up for a year of even more urgent and powerful dissent. 

With the 2026 elections on the horizon, and knowing Trump’s history of false claims of fraud when he loses, we’re going to be working overtime with writers like Elie Mystal, John Nichols, Joan Walsh, Jeet Heer, Kali Holloway, Katha Pollitt, and Chris Lehmann to cut through the right’s spin, lies, and cover-ups as the year develops.

If you donate before midnight, your gift will be matched dollar for dollar by a generous donor. We hope you’ll make our work possible with a donation. Please, don’t wait any longer.

In solidarity,

The Nation Editors

Ad Policy
x