Financial Services Regulation Under the Biden Administration: What Will Change, What Will Remain the Same?

Legal & Regulatory Compliance

With the organization of the new Biden Administration, it is clear that policies employed by the Trump Administration will be reversed or modified. Leading these efforts will be many former Obama Administration officials returning to federal agencies and reassuming governing authority.

As this process develops, the operations of banks and other financial intermediaries may be affected as financial services policies are reversed or the emphasis on supervision and enforcement is revisited (once again).

Who Should Attend: C-Suite, Compliance Professionals, Risk Professionals

Learning Objectives

This presentation will address the following topics:

  • Financial agency appointees by the Biden Administration
  • Executive orders already taken to reverse or modify Trump approaches to governance
  • Probable regulatory reviews and reversal of agency regulations and interpretations, and 
  • “Business as usual” regulatory initiatives adopted or proposed


Joe Lynyak
Joe possesses a broad knowledge base regarding domestic and foreign banks and, savings associations, bank holding companies, finance companies, mortgage banking companies and their subsidiaries and affiliates. His practice includes providing financial intermediaries advice in the areas of regulatory and strategic planning, application and licensing, legislative strategy, commercial and consumer lending, examination, supervision and enforcement, and general corporate matters. Joe’s FDIC-insured financial institution clients benefit from his experience in the special state and federal statutory and regulatory requirements—including safety and soundness issues—that apply to regulated financial intermediaries. Joe is a partner in Dorsey’s Finance & Restructuring Group and a member of the Banking & Financial Instiutions Industry Group. He practices in both of the Firm’s offices in Southern California and Washington, D.C. 

Tom Scanlon
Tom counsels clients on ways to adapt financial products or services to changing rules, negotiate contracts and transactions, and address supervisory actions by the bank regulatory agencies, including the Consumer Financial Protection Bureau. In both private practice and government service, Tom has worked on a range of bank regulatory issues and on projects relating to payments systems.  He also advises fintech companies on compliance with federal and state laws that apply to a creditor or to a money transmitter. While serving at the Federal Reserve Board, Tom worked on several interagency rules; while serving at the Department of the Treasury, Tom worked as the principal attorney of the Department’s team to help draft the Consumer Financial Protection Act of 2010 (Title X of the Dodd-Frank Act). Tom is a partner in Dorsey’s Finance & Restructuring Group and a member of the Banking & Financial Instiutions Industry Group. He practices in the Firm’s office in Washington, D.C.  

Webinar Fees

Pricing For Price Web Pass
Bank Member $195 $0
Bank Nonmember $395 $0
Affiliate Member $195 $0
Affiliate Nonmember $395 $0

Additional Info

Participants will earn 1.0 CPE credit

Field of Study: Specialized Knowledge

Prerequisites: None

Advanced Preparation: None

Program Level: Basic

Delivery Method: Group Internet Based

Refunds and Cancellations: Webinar registrations are non-refundable. If the registrant is unable to attend the designated time and date of the webinar, a playback link and any written materials will be provided within 2 business days following the conclusion of the webinar

Western Bankers Association is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its


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