Ian McKendry is the Congress reporter for American Banker. He previously covered the Federal Deposit Insurance Corp., anti-money laundering and cybersecurity. Before joining American Banker he was an economic reporter for Market News International.
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Republican lawmakers are pushing back against claims by the Consumer Financial Protection Bureau's allies that it rooted out fraud at Wells Fargo, arguing the L.A. City Attorney and the Los Angeles Times brought the situation to light.
By Ian McKendrySeptember 21 -
Republican lawmakers are pushing back against claims by the Consumer Financial Protection Bureau's allies that it rooted out fraud at Wells Fargo, arguing the L.A. City Attorney and the Los Angeles Times brought the situation to light.
By Ian McKendrySeptember 21 -
WASHINGTON Sen. Elizabeth Warren, D-Mass., called on Wells Fargo Chief Executive John Stumpf to resign Tuesday, saying Wall Street would continue to rip off customers until senior executives are held accountable.
By Ian McKendrySeptember 20 -
WASHINGTON Sen. Bob Corker, R-Tenn., dismissed calls Monday by a group with alleged ties to hedge funds to recuse himself from a hearing this week probing the recent enforcement action against Wells Fargo.
By Ian McKendrySeptember 19 -
The House Financial Services Committee said Friday it plans to open an investigation into the fraudulent account openings at Wells Fargo and will hold a hearing soon on the issue.
By Ian McKendrySeptember 16 -
House Democrats made an unusual move this week to avoid offering amendments or engaging in debate over a massive financial reform bill. Here's why.
By Ian McKendrySeptember 15 -
House Democrats made an unusual move this week to avoid offering amendments or engaging in debate over a massive financial reform bill. Here's why.
By Ian McKendrySeptember 15 -
Chairman Jeb Hensarlings financial reform bill was approved by the Financial Services Committee along mostly party lines as Democrats declined to offer amendments to legislation they said was too flawed to begin with.
By Ian McKendrySeptember 13 -
Chairman Jeb Hensarling's financial reform bill was approved by the Financial Services Committee along mostly party lines as Democrats declined to offer amendments to legislation they said was too flawed to begin with.
By Ian McKendrySeptember 13 -
Democratic lawmakers are calling for Wells Fargo Chief Executive John Stumpf to testify before a Senate panel as part of an investigation into nearly 2 million fraudulent bank and credit card accounts that Wells employees opened in an effort to meet sales incentives.
By Ian McKendrySeptember 12