Oxidative pillaring: The intercalation of a molecular pillar (Me2DABCO2+) into synthetic Cs‐tainiolite, which shows sufficient intracrystalline reactivity by an oxidative cation‐exchange mechanism, yields a material with microporosity that resembles zeolites in both narrow pore size distribution and total pore volume. Owing to the high structural Fe content, this pillared clay provides a size‐selective, shape‐selective, and electronically conducting framework.