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US banking institutions could see more legislation but playing field that is leveled nonbanks
- Author Nathan Stovall
- Theme Banking
Banking institutions will face greater regulatory scrutiny under the Biden management but may also look at playing field leveled with a few of the nonbank counterparts.
The U.S. monetary framework that is regulatory just starting to simply just take form underneath the Biden management. President Joe Biden has chosen lots of key roles when you look at the community that is regulatory previous Fed seat Janet Yellen as Treasury Secretary, Gary Gensler as mind for the SEC, Rohit Chopra while the next CFPB director and today apparently Michael Barr as mind of this OCC.