Across the federal bureaucracy, there is an expectation that Biden's regulatory and enforcement agencies will take a more broadly focused consumer protection lane.
"Now, in the middle of the proverbial football game, the Commission has moved the goal posts on literally hundreds of SEC whistleblowers," the complaint said.
Among the Biden transition advisers are a number of former Obama administration officials, including some who were involved in the Dodd-Frank reforms that followed the financial crisis.
U.S. District Judge James Boasberg ruled there was no right to privacy for PPP borrowers, noting their participation in the "colossal outlay of taxpayer funds."
DOJ has "identified nearly 500 PPP-related subjects—individuals we believe have fraudulently requested or received hundreds of millions of dollars" as well as several criminal rings.