Donna Borak

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.

Recent Stories From this Author

Yellen Faces Old Battles to Preserve Fed's Independence
August 8, 2014 Federal Reserve Board Chair Janet Yellen is facing the first real test to her agency's independence during her tenure, as...

Banks Making Fewer Mortgages Because of New CFPB Rules, Fed Says
August 4, 2014 The senior officer loan survey, which is released by the Fed every three months, asked both large U.S. banks and foreign banks...

Fed Stays Course, Cuts Bond Buying Program to $25B
July 30, 2014 The Federal Reserve Board on Wednesday took yet another incremental step to pare down its stimulus program to $25 billion.

GAO Study Expected to Say Big Banks' Subsidy Has Shrunk (For Now)
July 22, 2014 A highly anticipated government report due to be released July 31 is expected to say big banks received less of a subsidy from...

Four Years Later, Economic Cost of Dodd-Frank Remains Elusive
July 18, 2014 The financial services industry and others are seeking better metrics for analyzing the economic impact of the regulatory...

Lending Picks Up With Some Signs of 'Risky' Loans: Fed's Beige Book
July 16, 2014 WASHINGTON Banks across the country continued to see widespread signs of increased lending to consumers and businesses in...

Yellen Challenged by Lawmakers on Credibility of Living Wills
July 16, 2014 Federal Reserve Board Chair Janet Yellen on Wednesday defended the credibility of living will plans submitted by the country's...

Yellen Opposes Earmarking Fed Board Seats
July 15, 2014 The Fed Chair tells lawmakers she's "very positive on the idea of having a community banker appointed to the Board," but...

Fed's Fischer Cites Progress, More Work Ahead on TBTF
July 10, 2014 In his first policy speech, Federal Reserve Board Vice Chair Stanley Fischer highlighted strides regulators have made since...

How Yellen Has Driven Fed's Focus on Bank Regulation
July 8, 2014 Nearly six months into her first term as Federal Reserve Board chair, Janet Yellen has sought to put financial stability on...

Yellen: Prudential Rules Should Be Focus of Systemic Risk Controls
July 2, 2014 Federal Reserve Chair Janet Yellen on Wednesday argued against using monetary policy to mitigate potential financial stability...

Fed Still Sees Flaws in Banks' Capital Planning: Tarullo
June 25, 2014 Federal Reserve Board Gov. Daniel Tarullo said Wednesday that banks will need to continue to improve their capital planning...

FSOC Convenes to Weigh Wholesale Funding Reform
June 24, 2014 The Financial Stability Oversight Council on Tuesday met in a closed session to discuss short-term wholesale funding reform.

Fed Extends Deadline for Resubmitted Capital Plans
June 24, 2014 WASHINGTON The Federal Reserve Board said Tuesday it will give four large banking firms, including Citigroup, more than six...

Lew Defends FSOC's Mandate to Uncover Systemic Risk
June 24, 2014 In the face of continuing criticism of the Financial Stability Oversight Council, Treasury Secretary Jack Lew said the special...

Yellen Sets No Deadline on Short-Term Wholesale Funding Fix
June 18, 2014 Federal Reserve Board Chair Janet Yellen on Wednesday offered few clues when regulators would move ahead with issuing a...

Fed Pares Bond Buying Program to $35B
June 18, 2014 WASHINGTON - The Federal Reserve Board on Wednesday continued to shrink its stimulus program by yet another $10 billion clip.

SEC Fights Back Against Asset Manager 'SIFI' Label
June 13, 2014 Pushback by the Securities and Exchange Commission is complicating a regulatory effort to investigate whether large asset...

Fed Gives Banks More Time on Stress Tests
June 12, 2014 The Federal Reserve Board on Thursday proposed changes to the capital planning and stress testing process, including giving...

Regulation Should Influence Risk-Taking at Firms: Fed's Tarullo
June 9, 2014 Federal Reserve Gov. Daniel Tarullo on Monday said a slew of new regulations imposed on the biggest U.S. financial...