Lawmakers turned their fire on Goldman Sachs over Apple Card and said the bank needs to explain its algorithm

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US presidential candidate Elizabeth Warren and Democratic Senator Ron Wyden called out Goldman Sachs for its response to Apple card sexism allegations

Democratic senators Elizabeth Warren and Ron Wyden separately called out Goldman Sachs for its handling of recent allegations that its credit decisions for the Apple Card are biased. Wyden tweeted Wednesday that he is"investigating" the allegations against Goldman and Apple, while Warren told Bloomberg that the bank needed to explain its decisions on credit limits.

Democratic senators Elizabeth Warren and Ron Wyden separately called out Goldman Sachs for its handling of recent allegations that its credit decisions for the Apple Card are biased. Wyden tweeted Wednesday that he is"investigating" the allegations against Goldman and Apple, while Warren told Bloomberg that the bank needed to explain its decisions on credit limits.

 

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They dont. It's their money. Their risk. It's upto them who and how much they lend their money to and for how much. It's not govt job.

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