Joe Biden’s slow road to remaking US financial regulation

Moves on climate risk could come early; other changes may have to wait until the end of 2021, or later

Joe Biden one-time use
Photo: CNP/SIPA USA/PA Images

The much vaunted blue wave failed to materialise. After four nail-biting days of vote counting, Joe Biden is now US president-elect, while the fate of the Senate rests on a pair of run-offs in January.

With a divided Congress, Biden will find it more difficult to pursue his campaign policy agenda, which in any case didn’t contain a single chapter on financial regulation.

That doesn’t mean Wall Street is off the hook. Democrats are raring to reverse the deregulatory measures championed by the

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