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The Democrats’ presumptive presidential nominee called for a public credit reporting agency and for the Postal Service to offer financial services, among other proposals issued through a unity task force with Bernie Sanders. But analysts suggest the recommendations are more about electoral politics than pushing for real reforms.

The move would potentially set a bleak precedent for an industry that’s been resisting mass layoffs as the coronavirus pandemic worsens.

The bank says an announcement on how far the current 51-cent payout would drop is expected in mid-July.

Michael Kitces, co-founder of XY Planning Network, says the group is mulling its options after a federal court struck down the organization’s lawsuit against the SEC rule.

Just 5% of its 16,000 employees are Black, according to the company.

The program faces big challenges, including the coronavirus pandemic which could deplete the program’s $3-trillion trust fund as early as 2028.

All of the funds in the suite carry a 0.18% expense ratio.

Members of the bank’s operating committee will be evaluated annually on how much they have increased representation and inclusion of diverse employees in the operations they oversee.

A Democratic-led SEC could revisit Reg BI, advocacy groups and industry observers say.

While small deals are likely, CEO James Gorman said he’d be reluctant to take on a large-scale acquisition