
Neil Haggerty
ReporterNeil Haggerty was formerly the Congress reporter for American Banker. He previously was a financial regulation reporter at MLex Market Insight.

Neil Haggerty was formerly the Congress reporter for American Banker. He previously was a financial regulation reporter at MLex Market Insight.
At least six Trump administration picks to fill financial posts are still pending, but the bitterly partisan divide over Judge Brett Kavanaugh has taken up most of the energy in Congress.
Whereas most regulators appointed in the Trump administration are focused on rolling back the post-crisis framework, Nellie Liang helped create it.
The proposal by Reps. Jeb Hensarling and John Delaney is a sign that a bipartisan consensus is building on how to move on from Fannie and Freddie.
The committee approved the nomination of Kathy Kraninger to head the Consumer Financial Protection Bureau, despite strong Democratic opposition, as well as President Trump's picks for Ginnie Mae, the Export-Import Bank and several other positions.
The House Financial Services Committee has scheduled an FHFA oversight hearing for September in the wake of waste, fraud and abuse allegations.
Allowing alternative data such as rent and utility payments has bipartisan support, but some say it could create more problems than it solves.
Attorneys general from 21 states say the measures would undermine their ability to enforce consumer protection laws.
The legislation, authored by Rep. Keith Ellison, D-Minn., is aimed at helping lower-income consumers build their credit histories.
A senior Treasury department official said it's an "adapt or die" situation for regulators and financial firms in the midst of a growing fintech space.
Democratic CFTC commissioner Rostin Behnam said Monday that the proposed changes to the proprietary trading ban go too far.
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.
In the continued absence of legislation, Fannie Mae and Freddie Mac’s regulator announced work on a new capital framework.
The bill passed by the House took a more cautious approach to relief than prior legislative proposals but has still been hailed by banking industry groups.
The legislation would prohibit the CFPB from penalizing institutions that rely in good faith on guidance from the bureau.
The Senate voted Wednesday to block guidance issued by the Consumer Financial Protection Bureau in 2013 that was meant to stop discriminatory markups on indirect loans made by car dealers.
As the Senate closes in on overturning the Consumer Financial Protection Bureau's 2013 indirect auto loan rule, a central question is how lasting the congressional measure will be in limiting the CFPB's authority.