What is earned wage access and who should regulate it – the states or the federal government? Should it be regulated as a loan or something else, and why does that matter? How has the Trump administration approached this product and what is Congress doing about it? Kevin Lefton, global general counsel of Stream, one of the country’s leading earned wage access providers, joins Bloomberg Intelligence’s Elliott Stein and Nathan Dean on this episode of the Votes and Verdicts podcast to discuss these and other questions. Lefton also discusses how he and Stream navigate political uncertainty and what earned wage access looks like in five to 10 years.

<p>What is earned wage access and who should regulate it &ndash; the states or the federal government? Should it be regulated as a loan or something else, and why does that matter? How has the Trump administration approached this product and what is Congress doing about it? Kevin Lefton, global general counsel of Stream, one of the country&rsquo;s leading earned wage access providers, joins Bloomberg Intelligence&rsquo;s Elliott Stein and Nathan Dean on this episode of the Votes and Verdicts podcast to discuss these and other questions. Lefton also discusses how he and Stream navigate political uncertainty and what earned wage access looks like in five to 10 years.</p>

Votes and Verdicts is a series that examines the intersection of business, policy and law. It features conversations between Bloomberg Intelligence's team of litigation and policy analysts and thought leaders discussing legal and policy issues affecting markets and business decisions across many sectors.

<p>Votes and Verdicts is a series that examines the intersection of business, policy and law. It features conversations between Bloomberg Intelligence's team of litigation and policy analysts and thought leaders discussing legal and policy issues affecting markets and business decisions across many sectors.</p>

Votes & Verdicts

Stream’s Lefton on Earned Wage Access Laws

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/e0ca9e86-0f7b-463b-b95a-b4e500e1bc83/transcript