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Factbox: What a Joe Biden win could mean for financial policy
By , (Reuters) - Democrat and former U.S. vice president Joe Biden was declared winner of the U.S. presidential election by several major television networks on Saturday, beating Republican incumbent Donald Trump who took an industry-friendly stance on regulation.While Biden is unlikely to prioritize a financial industry crackdown, he is expected to take a stricter line than Trump and his former boss President Barack Obama.Biden has tapped former derivatives market regulator Gary Gensler, who has a reputation for being tough on Wall Street, to work on a transition plan for financial...…By , (Reuters) - Democrat and former U.S. vice president Joe Biden was declared winner of the U.S. presidential election by several major television networks on Saturday, beating Republican incumbent Donald Trump who took an industry-friendly stance on regulation.While Biden is unlikely to prioritize a financial industry crackdown, he is expected to take a stricter line than Trump and his former boss President Barack Obama.Biden has tapped former derivatives market regulator Gary Gensler, who has a reputation for being tough on Wall Street, to work on a transition plan for financial...WW…
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