By Jennifer Kang
17 Dec 2020
For many investors, the US election landed in the best possible place a Joe Biden win with a split Congress, ensuring a strong pandemic plan, yet blocking radical change. But Biden’s leadership will reshape securitization markets through changes to critical regulatory agencies, setting the tone for the next four years in consumer credit, mortgages and green securitization. Jennifer Kang reports.
If the coronavirus shaped the first 10 months of 2020, the last two months were all about politics. November 7 was a watershed moment for the capital markets as Democratic candidate Joe Biden was announced as the next US president.