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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The House passed a bill Thursday 250-169 that would limit regulators' ability to force banks to cut ties with certain businesses despite Democratic fears that it could hamstring the Justice Department's ability to prosecute bankers responsible for the financial crisis.
By Ian McKendryFebruary 4 -
The House passed a bill Thursday 250-169 that would limit regulators' ability to force banks to cut ties with certain businesses despite Democratic fears that it could hamstring the Justice Department's ability to prosecute bankers responsible for the financial crisis.
By Ian McKendryFebruary 4 -
The Consumer Financial Protection Bureau should have direct oversight of auto dealers instead of being forced to go through indirect auto lenders to make changes to the market, Sen. Elizabeth Warren, D-Mass., suggested Wednesday.
By Ian McKendryFebruary 3 -
WASHINGTON The current financial regulatory structure is ill-suited for innovation, but a legislative effort to fix that may still be a long way off, according to top House Republican lawmakers.
By Ian McKendryFebruary 3 -
WASHINGTON The current financial regulatory structure is ill-suited for innovation, but a legislative effort to fix that may still be a long way off, according to top House Republican lawmakers.
By Ian McKendryFebruary 2 -
In a presidential race dominated by populists and even an aging socialist, the establishment candidates that bankers prefer Hillary Clinton and Marco Rubio had a good night in Iowa on Monday. But the race is far from over, and the Iowa results showed some ominous signs as well.
By Ian McKendryFebruary 2 -
WASHINGTON The House passed a bill Monday by voice vote that could make certain municipal debt securities more attractive to banks.
By Ian McKendryFebruary 1 -
Former Florida Gov. Jeb Bushs polling numbers are running in the mid single digits in Iowa, making the prospects for his campaign bleak, yet he retains much of his support among bankers in the state.
By Ian McKendryJanuary 27 -
Banking's top trade groups sent a letter to Congress asking lawmakers to intervene and stop a plan by the National Credit Union Administration to expand field of membership for federal credit unions.
By Ian McKendryJanuary 27 -
After more than a decade of dormancy, field of membership is revving up the age-old rivalry between credit unions and banks.
By Ian McKendryJanuary 21