Blue Senate committee raises risks for ABS lenders
A blue Senate is posing a new threat to the ABS market, as regulators and lawmakers are set to turn their focus to consumer protection. Sherrod Brown, a critic of big banks and a loud consumer rights advocate, is now favourite to chair the Senate Committee on Banking, Housing and Urban Affairs, which could lead to a stream of headline risks for lenders.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: