Lori Sommerfield, a partner in Troutman Pepper Locke’s Consumer Financial Services Practice Group, was quoted in the January 12, 2026 Reuters article, “US Withdraws Policy Expressly Barring Lending Bias Against Immigrants.”

  • Withdrawing the guidance further whittles away the remnants of any and all Biden-era regulations and fulfills President Donald Trump’s immigration policies, two key priorities of the ‍administration, according to Lori Sommerfield, a partner at Troutman Pepper Locke in the law firm’s consumer financial services practice.
  • “The withdrawal of this joint guidance really underscores the Trump administration’s two key priorities: A harder line on immigration and a continued effort to scale back enforcement of the federal fair lending laws,” Sommerfield said.
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