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Staff Writer

Kevin Wack is a California-based reporter for American Banker who covers the U.S. consumer finance industry. He was formerly the newspaper's Capitol Hill correspondent. Earlier, he worked on financial policy in Washington, first as a fellow with the Senate Permanent Subcommittee on Investigations and later as senior editor for the Congressional Oversight Panel for TARP. Wack has also reported for the Associated Press and worked as the investigative reporter for the Portland Press Herald in Maine. A St. Louis native, Wack is a graduate of Stanford University and holds a master's degree from Northwestern University's Medill School of Journalism.

Credit Line Increases Fuel Growth at Capital One
July 18, 2014 The McLean, Va., company is once again making more credit available to its existing credit card customers. New regulations had...

Capital One Reports Growth in Commercial Banking, Auto Lending
July 17, 2014 Capital One Financial used growth in its commercial banking and auto lending businesses to build its earnings in the second...

Issa Accuses DOJ Official of Misleading Congress
July 17, 2014 The California Republican, who's one of the most vocal critics of Operation Choke Point, trained his sights Thursday on...

House Gives Thumbs-Up to Marijuana Banking
July 16, 2014 Under a measure passed Wednesday, the use of federal funds to punish banks for providing accounts to pot businesses would be...

Dems, GOP Spin Competing Narratives About Operation Choke Point
July 15, 2014 At a congressional hearing Tuesday, partisan lawmakers gave wildly divergent interpretations of the payment system crackdown.

Bank Regulators Respond to 'Choke Point' Critics
July 15, 2014 The FDIC, OCC and Federal Reserve all plan to testify Tuesday that banks, not their regulators, are ultimately responsible for...

Wells Ends High-to-Low Reordering for Checks, Recurring Debits
July 11, 2014 The San Francisco bank abandons a practice that led to more overdraft fees and drew the ire of consumer advocates.

Wells Fargo Hears Footsteps of Lending Rivals as Earnings Streak Ends
July 11, 2014 The San Francisco bank posted strong growth in commercial loans in the second quarter, which may bode well for other banks...

Consumer Delinquency Rates Keep Bouncing Along the Bottom
July 10, 2014 The percentage of U.S. consumers who are late on their loan payments remained at near-record lows in the first quarter, though...

GOP Congressman: Choke Point Bureaucrats Deserve Brushback
July 8, 2014 Rep. Darrell Issa on Tuesday accused the Justice Department and FDIC of letting the anti-fraud crackdown called Operation...