Progressives Fret Over Biden’s Pick To Oversee National Banks (Bloomberg Law)

President Biden’s choice of financial regulators is proving to be a mixed bag for consumer advocates and progressives eager for tougher oversight of Wall Street after the Trump Administration. The differences among Biden’s regulators are unlikely to have a material impact on the new pressures Wall Street will face, said Allison Schoenthal, New York head of the Consumer Financial Services Litigation practice. Read the Bloomberg Law article here.