
Neil Haggerty
ReporterNeil Haggerty is the Congress reporter for American Banker. He previously was a financial regulation reporter at MLex Market Insight.
Neil Haggerty is the Congress reporter for American Banker. He previously was a financial regulation reporter at MLex Market Insight.
The Massachusetts senator and architect of the CFPB offered a sharp contrast to the administration's deregulatory agenda and sent strong signals of a presidential run.
Democratic CFTC commissioner Rostin Behnam said Monday that the proposed changes to the proprietary trading ban go too far.
Further legislative reform will face resistance, but it could still happen.
A change in House leadership in midterms would slow down regulatory relief initiatives and put more heat on Trump-appointed regulators.
A change in House leadership in midterms would slow down regulatory relief initiatives and put more heat on Trump-appointed regulators.
Mick Mulvaney, the agency’s acting director, suggests U.S. startups — like their U.K. counterparts — may eventually be able to test products without fear of regulatory action.
More than a dozen lawmakers wrote to the banking agencies Friday, arguing that any regulatory reforms to the Community Reinvestment Act should focus on expanding access to credit.
The industry’s biggest legislative victory in a decade made it to the finish line Thursday.
Montgomery was confirmed by the Senate 74-23 to serve his second stint at the FHA, where he previously was commissioner during the George W. Bush administration.
In the continued absence of legislation, Fannie Mae and Freddie Mac’s regulator announced work on a new capital framework.