Regulatory Change In 2021: The Potential Pace And Scope

New presidential administrations bring about change. However, the implications for bank regulatory compliance depend on the president-elect’s agenda and the current economic environment. All evidence suggests that the incoming Biden administration will reinstate or refocus on some of the regulations eliminated or eased over the last four years, in particular those related to fair lending. The Georgia runoff races solidified a Democratic majority in the U.S. Senate, which could accelerate...
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