Yellen pulled in cash from Wall Street — and wants to crack down on it yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
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As we prepare to put 2020 in the rearview mirror, many of us will not have fond memories of the year. Quarantines, masks, social distancing, unspeakable tragedy, economic ruin for some industries. But the fintech world proved it was equal to the task. Despite, or perhaps because of, the physical barriers established by the COVID-19 pandemic, fintech had a transformational year. We take a closer look below at fintech and lending transactions, regulatory and litigation, and decentralized finance.
Marketplace Lending
With the excitement of Bitcoin hitting all-time highs and the noted move to blockchain and decentralized finance, you would be forgiven for forgetting the now ho-hum world of marketplace lending and online credit. What was once the innovative is now the banal. As COVID-19 transformed the economy, savings rates in the United States actually increased. Loan portfolios (apart from commercial real estate) held thei
Mortgage groups condemn attack on Capitol nationalmortgagenews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from nationalmortgagenews.com Daily Mail and Mail on Sunday newspapers.
GOP Senator Pat Toomey s Last-Minute Add to Stimulus Bill Helps His Wall Street Donors
By David Sirota and Matthew Cunningham-Cook
On 12/21/20 at 2:25 PM EST U.S. President Donald Trump s name appears on the coronavirus economic assistance checks that were sent to citizens across the country April 29, 2020 in Washington, DC.
Chip Somodevilla/Getty Images
Pennsylvania Republican Senator Pat Toomey s effort to wind down emergency low-interest lending programs for small businesses and state and local governments removes a major long-term business threat to his largest campaign contributors as he looks ahead to a career outside the U.S. Senate, according to campaign finance data reviewed by The Daily Poster.