Reporter

Donna Borak is the Federal Reserve reporter for American Banker. Based in Washington, her coverage has stretched from covering the White House's plan to reform the government-sponsored enterprises to new global banking regulations, known as Basel III.

Previously, she was a business reporter covering the defense industry for The Associated Press in Washington, where she was an APME nominee for her work on the Walter Reed Medical Center scandal. She began her career as a European economics writer for United Press International, where she filed special reports from Brussels and Hong Kong. She is conversant in Arabic, and has a M.S. in journalism from Boston University.

Corker-Warner Bill May Break Logjam on GSE Reform
June 7, 2013 After years of housing finance reform efforts languishing in Congress, a draft bill by Sens. Bob Corker, R-Tenn. and Mark...

Regulators Form Cybersecurity Working Group
June 6, 2013 Regulators said Thursday they have formed a working group to enhance coordination between federal and state banking agencies...

Cheat Sheet: Details Emerge on Corker-Warner GSE Bill
June 6, 2013 A draft of the bill from Sens. Bob Corker, R-Tenn., and Mark Warner, D-Va., has begun circulating on Capitol Hill. The...

U.S. Should Speed Up Adoption of Basel III: Fed's Raskin
June 6, 2013 Federal Reserve Board Gov. Sarah Bloom Raskin on Thursday said regulators should move quickly to implement a robust set of...

Lending on Upswing in Most Areas, Fed Survey Shows
June 5, 2013 Consumer loan demand continued to rise in recent weeks as bankers noted increases in car and new home purchases, according to...

FSOC Names Systemically Risky Nonbanks
June 3, 2013 The Financial Stability Oversight Council on Monday identified certain nonbank companies as potential threats to financial...

FSOC Nears Vote on Naming Systemically Risky Nonbanks
May 31, 2013 The Financial Stability Oversight Council is close to identifying several nonbank financial companies as systemically risky...

Obama Administration Extends Foreclosure Prevention Program
May 30, 2013 The Treasury Department and U.S. Department of Housing and Urban Development jointly agreed to allow the Making Home...

GSE Reform Bill Quietly in Works Under Sen. Corker
May 24, 2013 A bipartisan group of senators led by Sen. Bob Corker, R-Tenn., is drafting legislation designed to reform the housing finance...

Bernanke Sharpens Focus on Interest Rate Risk
May 22, 2013 Federal Reserve Board Chairman Ben Bernanke told lawmakers that his concerns about financial stability risks from historically...