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A group of Democratic senators has formally requested that the Federal Reserve disclose its records related to the collapse of Synapse, a fintech company that failed last year and left thousands of customers without access to their savings. The demand highlights ongoing concerns about regulatory oversight and the impact of fintech failures on consumers. Separately, dealmakers in the financial sector are reportedly finding it challenging to interpret former President Donald Trump’s antitrust policies, reflecting uncertainty in the business community regarding future regulatory frameworks.
In today's Morning Risk Report: Dealmakers are struggling to make sense of Trump’s antitrust policy, and Senators demand the Federal Reserve turn over records on failed fintech Synapse https://t.co/iZhZRDxTAo
Exclusive: A group of Democratic senators is demanding that the Fed release its records related to the failure of Synapse, a fintech firm that collapsed last year and left thousands of people without access to their savings https://t.co/70KDwZ7t4E
"Senators Demand Federal Reserve Turn Over Records on Failed Fintech Synapse" via @WSJ https://t.co/A7pMcvdK1F
