Weekly Industry Update: Deep-Dive on Navient Acquisition of Earnest, Equifax CEO Meets Senate

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This past Wednesday, Rick Smith, former Equifax CEO, appeared before the Senate Banking Committee. Equifax’s stock price rose several points despite severe questioning. Investors are concluding from the appearance that Equifax’s core business will remain intact although there may be severe penalties and privacy regulation in store. In prepared remarks, Smith suggested…

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