americanbanker.com·May 18, 2026
Leaders across the political spectrum are uniting against fintech giants, with a liberal mayor urging regulators to block Western Union's acquisition of Intermex, following PayPal's settlement related to diversity and inclusion with the Trump administration.
The key learning here is the increasing bipartisan scrutiny and regulatory pressure on fintech mergers and acquisitions, indicating potential obstacles for future deals in the sector. This highlights the need for strategic planning for fintech companies when navigating regulatory landscapes, especially in transactions that might draw political attention.