President Joe Biden has signed Congress’ repeal of the Office of the Comptroller of the Currency’s (OCC) “true lender” rule issued last year in the waning months of the Trump administration.

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Aaron Nicodemus is the Editor-in-Chief of Compliance Week. He previously worked as a reporter for Bloomberg Law and as business editor at the Telegram & Gazette in Worcester, Mass. Email: aaron.nicodemus@complianceweek.com LinkedIn:...