Banking reporter at Bloomberg Law, the fellas' dad. Reach me at reporterev.85 on Signal. I have friends everywhere.https://bsky.app/profile/reporterev.bsky.socialhttps://bsky.app/profile/reporterev.bsky.social/post/3mlvlfucj322cApparently the WhoPoo App has thoughts on whether FSOC should designate nonbank financial firms for regular supervision.15 May 2026 14:51 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mlvlfucj322chttps://bsky.app/profile/reporterev.bsky.social/post/3mlqfjedilk2yI demand to know who put the theme to "Mr. Belvedere" in my head this morning. https://www.youtube.com/watch?v=k-GML1pWkww13 May 2026 13:22 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mlqfjedilk2yhttps://bsky.app/profile/reporterev.bsky.social/post/3mllncvetzk2hRoger Wilco [contains quote post or other embedded content]11 May 2026 15:58 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mllncvetzk2hhttps://bsky.app/profile/reporterev.bsky.social/post/3ml4leqs32k2wIn 2024, the Supreme Court overturned a Second Circuit ruling that blocked a New York mortgage escrow interest requirement's application to national banks. Today, the Second Circuit said that law is still preempted and national banks don't have to comply. https://news.bloomberglaw.com/banking-law/bank-of-america-wins-appeal-over-ny-mortgage-escrow-interest-law05 May 2026 16:13 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3ml4leqs32k2whttps://bsky.app/profile/reporterev.bsky.social/post/3mkzsepzn5s2hTook my kid to a ninja warrior tournament this weekend. It was my first time driving an electric car, and I'm not sure I ever want to go back to a gas-powered one. And I heard many, many kids threw around using AI as an insult. "You use AI!" "I don't." "Oh, that [insert terrible thing] is so AI."04 May 2026 13:41 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mkzsepzn5s2hhttps://bsky.app/profile/reporterev.bsky.social/post/3mkzsaoh5ns2hJohn Sterling was so much fun as a broadcaster that he even made Michael Kay bearable. Did I know what was happening in the game? Not really, unless Suzyn gave an update. But I stopped watching the Yankees because Kay is just insufferable on his own. [contains quote post or other embedded content]04 May 2026 13:38 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mkzsaoh5ns2hhttps://bsky.app/profile/reporterev.bsky.social/post/3mkbqipox4k2zHere's a Friday night special from the OCC: An interim final rule blocking all state interchange laws from applying to national banks and an order saying Illinois's ban on interchange for taxes and tips is preempted. https://news.bloomberglaw.com/banking-law/us-aims-to-block-illinois-swipe-fee-law-in-new-regulations25 Apr 2026 00:03 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mkbqipox4k2zhttps://bsky.app/profile/reporterev.bsky.social/post/3mkaumvfgd22mThis, from @benjaminpenn.bsky.social and @ccastronuovo.bsky.social is a really good explanation of the mechanics in the Justice Department's criminal complaint against the SPLC, and some choices prosecutors made that a judge may find questionable. https://news.bloomberglaw.com/us-law-week/doj-omits-crucial-element-in-southern-poverty-law-center-chargeshttps://news.bloomberglaw.com/us-law-week/doj-omits-crucial-element-in-southern-poverty-law-center-charges24 Apr 2026 15:44 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mkaumvfgd22mhttps://bsky.app/profile/reporterev.bsky.social/post/3mjzambw7yk2hThe CFPB is set to release its final rule gutting fair lending enforcement tomorrow (it's in the Federal Register's Public Inspection file today). The rule eliminates the use of disparate impact and otherwise implements a November proposal. https://news.bloomberglaw.com/banking-law/us-fair-lending-enforcement-curbed-under-trump-cfpbs-final-rule21 Apr 2026 14:58 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mjzambw7yk2hhttps://bsky.app/profile/reporterev.bsky.social/post/3mjprfy3fzs2uThe Mets may stink something awful, but at least I get taser ads when I listen to the games on the radio.17 Apr 2026 20:32 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mjprfy3fzs2uhttps://bsky.app/profile/reporterev.bsky.social/post/3mjmwdfyy4k2jI got a new work laptop. The control and function keys are in reverse order from my old one. It's surprisingly debilitating.16 Apr 2026 17:22 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mjmwdfyy4k2jhttps://bsky.app/profile/reporterev.bsky.social/post/3mjkjp5fmu223This story from Maia, Megan Crapeau and @bethawang.bsky.social is really tremendous and I urge folks to read it. Really makes me proud to be in this newsroom. [contains quote post or other embedded content]15 Apr 2026 18:30 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mjkjp5fmu223https://bsky.app/profile/reporterev.bsky.social/post/3mjk2jsq3oc2cOh, so now New Jersey likes congestion pricing. [contains quote post or other embedded content]15 Apr 2026 13:59 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mjk2jsq3oc2chttps://bsky.app/profile/reporterev.bsky.social/post/3mjjzocrrbc2cFor all you National Bank Act preemption fans, the OCC's interim final rules meant to block Illinois's interchange fee law and other similar fee restrictions were sent for White House review yesterday.15 Apr 2026 13:44 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mjjzocrrbc2chttps://bsky.app/profile/reporterev.bsky.social/post/3mimgj26sw22cLast year, Donald Trump and Russell Vought tried to eliminate the CDFI Fund. Republicans pushed back, the agency got funded. It was a whole thing. Except Vought still hasn't signed off on disbursement plans. So the funds are still just sitting there. https://news.bloomberglaw.com/banking-law/community-development-funds-blocked-as-trump-targets-program03 Apr 2026 19:13 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mimgj26sw22chttps://bsky.app/profile/reporterev.bsky.social/post/3mijjvtq2ps2oWe're going to Ireland next week and my younger son has made it his mission to learn how to shout 6-7 in Gaelic. He already does it in English, Spanish, French, and Italian. While I appreciate his enthusiasm for languages, it doesn't get any less annoying.02 Apr 2026 15:36 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mijjvtq2ps2ohttps://bsky.app/profile/reporterev.bsky.social/post/3migv6yz4zk2hThe Trump administration asked the DC Circuit for permission to fire around half of the CFPB's in a late Tuesday night motion. The court wanted a particularized plan for how Russ Vought intends to meet statutory obligations, and they got one. https://news.bloomberglaw.com/banking-law/cfpb-files-new-plan-with-court-to-fire-half-of-remaining-staff01 Apr 2026 14:20 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3migv6yz4zk2hhttps://bsky.app/profile/reporterev.bsky.social/post/3mhycickpbc2cI'm listening to the Mets on the radio (and working! I promise!) and apparently a dead bird fell from the sky right next to Carson Benge in right field? https://media.tenor.com/dLR8IMbMFFQAAAAC/mets-lets.gif?hh=276&ww=49826 Mar 2026 19:08 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mhycickpbc2chttps://bsky.app/profile/reporterev.bsky.social/post/3mhxuqrycbc2vI just watched a couple of Democratic lawmakers ask Fed, FDIC, OCC, and NCUA officials what those agencies are doing about prediction markets. The officials all found polite ways to say, "That's not us. Talk to the SEC and CFTC." I would like to reclaim my time.26 Mar 2026 15:02 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mhxuqrycbc2vhttps://bsky.app/profile/reporterev.bsky.social/post/3mhxpcqaaic2gGet your pencils ready, folks. The Basel III endgame proposals are gonna hit the Federal Register tomorrow and the comment period closes June 18.26 Mar 2026 13:25 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mhxpcqaaic2ghttps://bsky.app/profile/reporterev.bsky.social/post/3mhvwt6ei7s2mMy Pumpkins? Smashed. [contains quote post or other embedded content]25 Mar 2026 20:34 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mhvwt6ei7s2mhttps://bsky.app/profile/reporterev.bsky.social/post/3mhvmwikhsk2mThe FTC says that it wants to take a close look at teen-focused financial apps. The timing makes sense, what with MrBeast getting involved in the action now. New from Cassandre Coyer and me. https://news.bloomberglaw.com/banking-law/celebrity-backed-financial-tools-for-teens-spur-federal-scrutiny25 Mar 2026 17:37 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mhvmwikhsk2mhttps://bsky.app/profile/reporterev.bsky.social/post/3mhinujpfbk2hIn these dark times, it's good to know that heroes walk among us. [contains quote post or other embedded content]20 Mar 2026 13:49 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mhinujpfbk2hhttps://bsky.app/profile/reporterev.bsky.social/post/3mhimxef5kc2mNow that the capital rules are out for comment, the OCC (and FDIC and NCUA) are getting ready for their long-anticipated rewrite of AML rules. This hit the White House regulatory review office yesterday.20 Mar 2026 13:33 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mhimxef5kc2mhttps://bsky.app/profile/reporterev.bsky.social/post/3mhdn5xngik2lI spent all night trying to remember what this reminded me of. And then it hit me. [contains quote post or other embedded content]18 Mar 2026 13:53 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mhdn5xngik2lhttps://bsky.app/profile/reporterev.bsky.social/post/3mgxooqgj3k2dAs this this story from yesterday in Oregon posted, I was writing up a federal judge in a separate case ordering Vought to get money from the Fed and shredding the Justice Department's argument that he can't. No, not the DC case. Today's was in California. https://news.bloomberglaw.com/banking-law/trumps-cfpb-must-continue-requesting-fed-funds-court-rules [contains quote post or other embedded content]13 Mar 2026 19:49 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mgxooqgj3k2dhttps://bsky.app/profile/reporterev.bsky.social/post/3mgx4b5sp4k2dLooks like Thursday is the official day for the FDIC and OCC, at least, to release they're big capital rule rewrites. https://www.fdic.gov/news/board-matters/2026/march-19-2026-sunshine-act-meeting-notice?source=govdelivery&utm_medium=email&utm_source=govdelivery13 Mar 2026 14:19 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mgx4b5sp4k2dhttps://bsky.app/profile/reporterev.bsky.social/post/3mgvamwhptk2pThe news is that Russ Vought is going to ask for more money for the CFPB by the end of the month. The story is how a bad day a Justice Department lawyer had when he delivered this news to Judge Ann L. Aiken of the federal district court in Eugene, Ore. https://news.bloomberglaw.com/banking-law/trumps-cfpb-plans-to-request-more-funding-ahead-of-april-cliff12 Mar 2026 20:32 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mgvamwhptk2phttps://bsky.app/profile/reporterev.bsky.social/post/3mguxhuc6ss2aI'm not a lawyer, but tell me if it's bad if a judge says this to you in a hearing. “I’m having a hard time with this argument, so maybe you might want to move on to something else.” It's in yet another case about CFPB funding, and that was to a Justice Department lawyer.12 Mar 2026 17:48 +0000at://did:plc:rnpgwnknicmztzpeoq4bwpvi/app.bsky.feed.post/3mguxhuc6ss2a