(Reuters) – Democrat and former U.S. vice president Joe Biden had been announced champion regarding the U.S. presidential election by a few major tv companies on Saturday, beating Republican incumbent Donald Trump whom took an industry-friendly stance on legislation.
While Biden is not likely to focus on a industry that is financial, he could be anticipated right here to just take a stricter line than Trump along with his previous employer President Barack Obama.
Biden has tapped previous derivatives market regulator Gary Gensler, who may have a track record of being tough on Wall Street, to focus on a change arrange for monetary industry oversight.
Check out associated with areas that are key administration and agency picks will probably concentrate on.
THE CITY REINVESTMENT ACT
The pandemic has shone a harsh limelight on AmericaвЂ™s racial and wide range inequalities, galvanizing Democrats to utilize a array of policy levers to handle the difficulties. Continue reading