Elizabeth Warren Ramps Up Attacks on Apple Card Bias Claims

  • Goldman says gender wasn’t a factor in assessing credit limits
  • Warren and Sherrod Brown ask how CFPB is addressing issue
Wozniak Says Goldman Is Trying to Solve the Apple Card Algorithm Issue
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Democratic Senators Elizabeth Warren and Sherrod Brown want the Consumer Financial Protection Bureau to examine allegations of bias against women who applied for an Apple Inc. credit card underwritten by Goldman Sachs Group Inc.

Warren, a top candidate for her party’s presidential nomination, and Brown, the ranking Democrat on the Banking Committee, wrote to Kathy Kraninger, director of the consumer agency, asking for more information about how the agency is monitoring Goldman’s lending practices.