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Financial Services Regulation in a Biden Administration: Personnel Is Policy | Pillsbury Winthrop Shaw Pittman LLP


TAKEAWAYS
A closely divided Congress will limit financial services legislation but Biden appointees in key regulatory positions will have a large impact on the financial services policy agenda.
The Biden administration is likely to support fintech companies that are developing innovative financial products and services while increasing focus on consumer protection regulatory and enforcement priorities.
Although financial services regulation did not receive significant attention during the 2020 election campaign, President-elect Biden could have a significant impact on policies affecting financial institutions across the landscape. During the campaign, President-elect Biden supported proposals to expand access to banking services and financial products to the underserved and address disparate access to and treatment by the financial system. ....

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CNN CNN Newsroom October 17, 2013 19:05:00

Stalemate, but i think stalemate is bad for both parties. i think it s terrible for the rest of president obama s presidency. he s not likely to see a democratic house in 2015. and it s time to work with republicans. so no more talk about people not negotiating. you heard house speaker boehner saying month ago he would next negotiate one-on-one with the president ever again. you heard the president say he s not going to negotiate over the debt ceiling. everybody has to negotiate now to avoid another stalemate. everyone on both sides has to continue to talk in good faith, repeatedly. that s the only way to get past the breakdowns we ve seen of the simpson-bowles and the gang of eight and the gang of 12, and the biden commission and all the commissions the city is littered with that failed to come up with a resolution. the mutual goal of both parties is to change the sequester cuts. to do that, you need to find more money. the only way to find it is through tax reform and entitlement ref ....

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Detailed text transcripts for TV channel - FOXNEWS - 20130108:17:18:00

Problem. in his first term president obama promised he would fix the immigration problem, that didn t happen. couldn t get the d.r.e.a.m. act through congress. he applied a bunch much executive orders allowing things to happen that congress probably wouldn t have approved, but he just did them anyway. that seems to be the pattern with this administration. well it does. we ve heard the president signal that he wants to do with that respect to gun control efforts that he s talking about with the biden commission, that they are considering now. the president has the white house has gone on record saying that they will not use this 14th amendment solution, and that they want to have congress raise the debt limit by traditional means, but i think having some cover from democrats on the left, from democrats in congress saying, we at least want you to reserve this option, gives the white house some opening to perhaps go back on their previous commitment if they declare that republicans ....

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