Released: January 11, 2021
Wall Street braces for tougher rules under Democratic majority
Source: Sylvan Lane, The Hill
The Democratic takeover of the Senate means the financial services industry can expect stricter rules and tougher oversight once President-elect Joe Biden takes office.
Narrow Democratic majorities in both chambers will likely prevent the party from passing the most ambitious parts of its agenda, but flipping the Senate still allows Democrats to install tougher financial regulators and give them more powerful tools to accomplish long-standing goals.
Read Full Article: Wall Street braces for tougher rules under Democratic majority
Consumer Help Desk
- Help Desk
- Submit Your Complaints
- Presente su queja
- Frequently Asked Questions
- Links to Consumer Resources
- Consumer Services Guide (CSG)
- Alerts
- Class Action Database
- Consumer Booknotes
Advocacy
- [email protected]
- California Action Center
- Position & Issues
- Legislative Positions
- Coalition Efforts