How each US presidential candidate could impact the fintech industry - Business Insider

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ICYMI: Regardless of who becomes president, the US will likely remain a global fintech hub because fintechs have significant access to capital and a large domestic fintech market

Two crossed lines that form an 'X'. It indicates a way to close an interaction, or dismiss a notification.Biden would focus on consumer protection and increasing regulatory oversight, while President Trump would continue to dismantle financial regulation.

Insider Intelligence publishes hundreds of insights, charts, and forecasts on the Fintech industry with the Fintech Briefing. In light of the US election, we looked into how a Trump or Biden administration could impact the fintech industry. Of note, neither candidate has announced specific fintech plans, but we can infer a lot from their distinct politics.Insider Intelligence

We think Biden would focus on consumer protection and increasing regulatory oversight, while President Trump would continue to dismantle financial regulation. While financial regulation loosened under the Trump administration, Biden seems set to strengthen oversight and launch new initiatives for financial inclusion.

 

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