MercurySecurity.ioJul 23, 2025
**AI is rewriting the rules of lending — but is it fair?**
From hidden bias to black-box decisions, the future of credit might depend on the questions we ask _now_.
<https://mercurysecurity.io/ai-in-lending-innovation-or-injustice>
#AI #Fintech #DigitalEthics #BiasInAI #FairLending #DataJustice
Show threadNonilexApr 18, 2025

In court filings ahead of the hearing, Mark Paoletta, the bureau’s chief legal officer, defended the #purge, which he said would “right-size” an agency filled w/ “vast waste.” Paoletta said he & others had determined that it needed only 200 workers. Many legally required units — including those that focus on #FairLending, #StudentLoans & protections for older Americans — need only one! employee, he said.

#law #Trump #CFPB #consumers #finance #protections #corruption