Troutman Pepper Weekly Consumer Financial Services COVID-19 Newsletter
Troutman Sanders
JULY 12, 2021
On July 9, President Joe Biden issued an executive order, requiring federal regulators to increase scrutiny of mergers and acquisition within the banking industry. This brings total loan cancellation based on borrower defense by the Biden administration to over $1.5 billion for nearly 92,000 borrowers. For more information, click here.
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