Financial Services Financial Services

US Treasury market reforms should possibly include more central clearing, Fed’s Brainard says

By Neil Roland
  • 11 Nov 2020 17:17
  • 13 Nov 2020 13:59
US authorities should consider Treasury market reform that includes expanding use of central clearing in Treasury cash markets and increasing access to trading platforms that provide more direct Treasury trading among market participants, Federal Reserve Governor Lael Brainard said.
“The March turmoil highlights the importance of exploring reforms in the

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Neil Roland

Senior Correspondent


Neil has covered U.S. financial regulation for over two decades, mostly for Bloomberg and Crain Communications. He received a Loeb award for coverage of regulators' response to the collapse of Enron. He also garnered a SABEW award and some Jesse H. Neal awards for stories on the Federal Reserve's response to the 2008 financial crisis. Roland has appeared as a commentator on Fox TV, NPR, C-Span and Bloomberg TV. He received a Master's degree in public policy from Harvard and a Bachelors degree in economics from Cornell.

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