John Heltman is the Washington Bureau Chief for American Banker. John previously edited American Banker Magazine and is the creator of American Banker's narrative podcast Bankshot. He was awarded the Grand Neal, the top honor bestowed by the Jesse H. Neal Awards, in 2019 for his narrative podcast series Nobody’s Home, which examines the economic and social impact of concentrated vacant housing. He was also named the 2019 McAllister Editorial Fellow at Medill School of Journalism at Northwestern University. He is a 2005 graduate of St. Mary’s College of Maryland and lives in Baltimore, Md.
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The Financial Stability Oversight Council issued a pair of proposals that would enhance transparency into how the council designated nonbank firms and activities as systemically risky and simplify its process for designations.
By John HeltmanApril 21 -
The Federal Deposit Insurance Corp. said it will propose a special assessment to cover losses from Silicon Valley Bank and Signature Bank in May, and noted that bank deposit outflows are largely uninsured.
April 18 -
In prepared remarks to the American Bankers Association, Treasury Secretary Janet Yellen says the government's intervention to cover uninsured deposits at Silicon Valley and Signature banks "reduced the risk of further bank failures."
By John HeltmanMarch 21 -
The Federal Home Loan Bank of San Francisco confirmed Thursday night that Silvergate Bank has "fully repaid" the $4.3 billion it was lent in advances late last year. The bank had said in a regulatory filing that repaying the advances "could result in ... the bank being less than well-capitalized."
By Kate BerryMarch 2 -
The lack of housing — particularly on the lower price range — is becoming an increasingly urgent political issue. But it's also a twisted bramble of tradeoffs that politicians are reluctant to touch.
By John HeltmanFebruary 28 -
Federal Reserve Chair Jerome Powell said that interest rates could climb less quickly as early as December, but warned that cutting rates "is not something we want to do soon."
November 30 -
Federal Reserve chair Jerome Powell said the central bank will remain aggressive in fighting inflation despite promising economic data.
By John HeltmanAugust 26 -
The Federal Reserve, Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. issued a joint proposed rule Thursday meant to refocus and update its implementation of the landmark 1977 law.
May 5 -
In a Senate Banking Committee hearing on the economy, Republicans reiterated their demand for more transparency from Sarah Bloom Raskin, President Biden's pick to serve as vice chairman for supervision at the Federal Reserve.
By John HeltmanFebruary 17 -
Some nominees poised to take their agencies in a new direction appear headed for Senate confirmation while an intraparty squabble has delayed the administration’s choice to lead the Office of the Comptroller of the Currency. Here’s the roster update.
By John HeltmanMarch 9