Ryan Rainey



Ryan is a Reporter at Morning Consult covering financial regulation.

Finance Brief: Week in Review & What’s Ahead

By Ryan Rainey Week in Review Executive branch The Federal Reserve released its proposal to overhaul the Volcker rule, a key element of the 2010 Dodd-Frank Act aimed at curbing the ability of banks to make risky trades with deposit funds. In advance of a Board of Governors meeting, Chairman Jerome Powell said the Fed’s […]

Finance Brief: CFPB to Resume Collection of Private Consumer Data

By Ryan Rainey Top Stories The Consumer Financial Protection Bureau will restart its collection of consumer data after a pause on the practice that Acting Director Mick Mulvaney ordered in December. In a memo to staff, Mulvaney said an independent review of the CFPB’s cybersecurity systems found that the agency seems “well-secured,” prompting the decision […]

Finance Brief: U.S., EU Officials to Meet Ahead of June 1 Tariffs Deadline

By Ryan Rainey Top Stories U.S. Trade Representative Robert Lighthizer and Commerce Secretary Wilbur Ross are set to discuss the European Union’s bid for an exemption from U.S. tariffs on steel and aluminum imports during separate meetings on Wednesday with the EU’s top trade official, Cecilia Malmstrom, according to an EU spokesman. A temporary EU […]

Finance Brief: Week in Review & What’s Ahead

By Ryan Rainey Morning Consult Finance will be off May 28. Publication of the morning briefs and afternoon updates will resume the following day. Week in Review Executive branch President Donald Trump signed into law the first major overhaul of the Dodd-Frank Act since its passage in 2010. Congress passed the legislation passed with the […]

Finance Brief: OCC to Announce Fintech Charter Decision in July

By Ryan Rainey Top Stories Joseph Otting, the comptroller of the currency, said that his office plans to announce in July whether it will establish a national charter for financial technology companies. Otting said agency officials have not settled on a decision regarding the charter, amid concerns from some stakeholders about whether the Office of […]

Finance Brief: U.S. Regulators Reportedly Launch Criminal Probe Into Bitcoin Price Manipulation

By Ryan Rainey Top Stories Federal prosecutors are collaborating with regulators at the Commodity Futures Trading Commission to investigate whether investors are criminally manipulating the prices of cryptocurrencies such as bitcoin, according to four unnamed sources familiar with the probe. The investigation is focused on possible price-rigging practices like spoofing or artificially creating the appearance […]

Finance Brief: Congress Passes First Major Dodd-Frank Rollback Bill

By Ryan Rainey Top Stories In a 258-159 vote, the House sent the first significant rollback of the 2010 Dodd-Frank Act to the White House, where President Donald Trump is expected to sign the measure into law. The House cleared the legislation, which would raise the asset threshold for determining whether banks are systemically important, […]