Warsh confirmed to Fed board

Kevin Warsh’s nomination to the Federal Reserve chairmanship will require a second vote, which should happen this week.

‘Credit access is absolutely a problem’: Upstart’s Paul Gu

The company’s new CEO, and long-time chief technology officer, shares his views on why some banks are stuck in old ways of determining creditworthiness, how Upstart has been modifying its underwriting models and the objections people sometimes have to AI-based lending.