Ryan Rainey



Ryan is a Reporter at Morning Consult covering financial regulation.

Finance Brief: Wells Fargo Hit With $1 Billion Fine

By Ryan Rainey Top Stories The Consumer Financial Protection Bureau and the Office of the Comptroller of the Currency are expected to announce a settlement with Wells Fargo & Co. that involves a fine of as much as $1 billion, according to unnamed sources familiar with the talks. The settlement, which is said to deal […]

Finance Brief: SEC Proposes Rewrite of Obama-Era Broker Conflict Rules

By Ryan Rainey Top Stories The Securities and Exchange Commission voted to propose a new rule setting out conduct and disclosure requirements aimed at making brokers act in their clients’ best interests. The proposed regulation, which comes in the shadow of the Trump administration’s rollback of the Labor Department’s fiduciary rule, would require brokers to […]

Finance Brief: Quarles Suggests Fed Could Take ‘Further Measures’ to Ease Certain Post-Crisis Rules

By Ryan Rainey Top Stories Federal Reserve Vice Chairman for Supervision Randal Quarles suggested in prepared testimony for his congressional hearings this week that the Fed could take “further measures” that supplement Congress’ efforts to ease regulations for banks. Revising the living wills timeline for banks and liquidity rules for small and regional institutions are […]

Finance Brief: Week in Review & What’s Ahead

By Ryan Rainey Week in Review Executive branch President Donald Trump signaled a willingness to re-enter talks for the Trans-Pacific Partnership, a move that could play into his administration’s broader attempt to be more economically competitive with China, which is not a TPP member. Leading trade officials in Australia, Japan and New Zealand — all […]