August 28, 2025

regulator

Crypto

Erebor Says Palmer Luckey’s “Political Network” Will Help With Regulators

Anduril founder Palmer Luckey’s new digital bank, Erebor, told prospective investors in a fundraising memo that it expects federal banking regulators to approve its plans by late 2025 — a speedy timeline that it says is possible because of Luckey’s “political network” and the bank’s close ties to regulators. The memo said the bank anticipated

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Loans

The Coalition’s election promise to relax lending rules could lead to bigger home loans … and higher house prices

On its face, it’s a simple solution to a simple problem — many people are struggling to get home loans big enough to afford a property, so why not relax the rules around how much people can borrow? That’s what the Coalition is proposing to do, should it win the federal election on May 3.

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