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ARTICLE · 11 NOVEMBER 2020

Banking Under Biden

A&O Shearman
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Former Vice President Joseph R. Biden Jr. has won the 2020 presidential election and the Democratic Party will remain in control of the House of Representatives. Though it is yet uncertain whether

United StatesFinance and Banking
A&O Shearman
A&O Shearman
Mark Chorazak
Mark Chorazak
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The 2020 Election Results and Implications for the Financial Services Industry

Former Vice President Joseph R. Biden Jr. has won the 2020 presidential election and the Democratic Party will remain in control of the House of Representatives. Though it is yet uncertain whether President-elect Biden and the Democratic Party will win the ability to propose and pass wide-sweeping legislation, President-elect Biden will have the opportunity to pursue financial services regulatory and supervisory reform through agency appointments and rulemaking. This presentation highlights key potential personnel changes at the federal financial regulatory agencies and provides our view of how the financial services regulatory landscape may change in a Biden presidency.

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