Factbox: What a Joe Biden win could mean for financial policy

FILE PHOTO: U.S. Democratic presidential candidate and former Vice President Joe Biden speaks next to his campaign train while making a campaign stop in Pittsburgh, Pennsylvania, U.S., September 30, 2020. REUTERS/Mike Segar

The pandemic has shone a harsh spotlight on America’s racial and wealth inequalities, galvanizing Democrats to use a range of policy levers to address the problems. Those include the 1977 Community Reinvestment Act, a fair lending law giving banks regulatory points for lending to low-income communities. Biden has pledged in campaign materials to expand the rules to other sectors, including mortgage and insurance companies.

Among Biden’s most eye-catching policy proposals is creation of a public credit reporting agency to compete against the likes of Equifax and TransUnion. According to Biden’s campaign materials, the new agency would aim to “minimize racial disparities” in credit reporting after some studies found the current system disadvantages and excludes minorities.

He and his family will become more richer. That's it.

It’s mean that Trump supporters will took the streets.

His? Or the country? Hunterbidenlaptop

At least Biden has an agenda & policy to take back financial stability! The trump admin has raped & plundered the USA. Putin can have him (when he gets out of jail that is).

Savaş ekonomisi. Demokratların bildiği başka emtia yok.

I for one will love the stability of the stock market we rasie cattle they are traded on the board

Death of America’s future!

The funny thing is you think he might actually win. Lol! MAGA

Didn't read the article but will say this I lost more $$ under Bush jr and Donnie than under a Democrat president. Actually made 11% more under a Democrat president.

Nothing good. But don't take my word for it, ask WSJ.... $6,500 less in median household income by 2030.

In summary, Biden will start to turn free market into something half controlled by government. Our next generation will be living in Soviet Union.

nothing~ because he will never win

WATCH YOUR MONEY

ChinaJoeBiden

Is Trump not defeated by the virus and doomed to be defeated by Biden? Biden has a record 87.1 percent chance of winning

I am in !!

You guys really like him don’t you

FAILURE

this guy needs to be put away for corruption...the big guy gets 10% and his son wrote in an email,his father took up to 50% of their corrupt money....but the msm is silent as they thing Americans are dumb..only ones that vote democrat

Factbox: Biden wins and the world economy already on life support will be carried out in a pine box. Depression and civil unrest.

🗳🎶🗳🎶🗳🎶

Oh, he will be slave to ccp, china. & he will drag 🇺🇸 go with him! Ccp, china endorsed JoeBiden

Cover up of his families crimes, thats for sure.

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