How each administration could impact the fintech industry

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November 7, 2020

How each administration could impact the fintech industry.

In light of the US election, we looked into how a Trump or Biden administration could impact the fintech industry.

We think Biden would focus on consumer protection and increasing regulatory oversight, while President Trump would continue to loosen financial regulation.

Both candidates' plans will likely be impacted by whichever party holds the majority in Congress. And regardless of who becomes president, the US will likely remain a global fintech hub because fintechs have significant access to capital.

Business Insider Intelligence's Lea Nonninger, Michael Tattersall, and Victor Chatenay have the full story.

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