Rob Blackwell is the Washington Bureau Chief for American Banker and the Group Editorial Director for Regulatory Policy for SourceMedia.
He has covered the financial services arena for nearly two decades, working first as a reporter covering Fannie Mae and Freddie Mac, the banking regulators, and anti-money laundering rules, among other topics. In 2005, he was named Washington Bureau Chief and subsequently helped guide the paper through its coverage of the worst financial crisis since the Great Depression, including articles on “too big to fail” and the drafting and passage of the Dodd-Frank Act.
In 2014, he was promoted to Group Editorial Director for Regulatory Policy for SourceMedia, leading the coverage of financial policy issues for American Banker, National Mortgage News, Credit Union Journal and PaymentsSource. In 2016, he helped guide coverage of the phony-accounts scandal at Wells Fargo and spearheaded SourceMedia's coverage of the 2016 presidential election across multiple brands.
He helped American Banker win a Jesse H. Neal Award for its coverage of deposit insurance reform, and in 2017 was given the Tim White Award, which recognizes editors "whose work displays extraordinary courage, integrity, and passion." He has appeared on NPR, BBC, CNBC, Fox Business and C-SPAN as an expert on financial regulatory policy. He is also the author of six novels.
Despite an effort by the Trump administration to defund government aid for community development financial institutions, the Senate approved a budget deal that included $258 million in funding for the CDFI fund.
In his meeting with community bankers, President Trump openly pondered the fate of CFPB Director Richard Cordray with his advisers and appeared eager to quickly fix industry concerns through executive orders.