Fintech Regulation May Firm Up Under Trump Presidency

American Banker
Thursday, November 10, 2016

Regulatory efforts to expand fintech appear to have a clear bipartisan mandate as analysts discuss the impacts of the 2016 election on the upcoming 115th Congress. As the article states, "The pending Trump administration is also unlikely to derail efforts by the Office of the Comptroller of the Currency to address fintech, including the possibility of releasing a charter dedicated to fintech firms. The agency is due to make a decision on that by year-end, at which point a proposal would likely be issued."