Neil Haggerty

The Kentucky Republican is the first House member that Friends of Traditional Banking has ever endorsed.

The senator’s bill to reform the 40-year-old law and expand housing investments could gain clout as Democrats look to pick up congressional seats and she eyes a presidential run.

The central bank said the proposal is intended to eliminate duplication of rules for entities covered by the Secure and Fair Enforcement for Mortgage Licensing Act of 2008.

Whereas most regulators appointed in the Trump administration are focused on rolling back the post-crisis framework, Nellie Liang helped create it.

State regulators and advocacy groups say a federal breach notification standard could supersede state laws that already benefit consumers.

Mary Daly succeeds John Williams, who left the bank earlier this year to run the Federal Reserve Bank of New York.

The House Financial Services Committee has steadily passed regulatory reform legislation this year. But any measure faces a stiffer challenge in the upper chamber.

The House Financial Services Committee has steadily passed regulatory reform legislation this year. But any measure faces a stiffer challenge in the upper chamber.

Dodd-Frank authorized the council to designate specific nonbanks for tougher supervision, but the Trump administration has signaled support for "activities-based" designations.

The Senate Banking Committee said it is postponing a hearing on the implementation of regulatory relief for "logistical reasons."