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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Lawmakers from both parties asked experts Tuesday if institutions with less than $10 billion of assets should be exempt from Dodd-Frank regulations, signaling a possible bipartisan compromise.
By Ian McKendryMarch 28 -
House Republicans’ failure to repeal the Affordable Care Act — an issue that has animated the party caucus since its passage in 2010 — has thrown into question their ability to enact regulatory relief.
By Ian McKendryMarch 27 -
The groups and industry trade associations want the Treasury Department and the FHFA to allow Fannie Mae and Freddie Mac to build up capital reserves.
By Ian McKendryMarch 23 -
Implementation of the second phase of the common securitization platform had been projected for next year, but the anticipated time frame was delayed following "lessons learned" from the first phase.
By Ian McKendryMarch 23 -
Sen. Mike Rounds, R-S.D., told a meeting of bankers not to focus on credit unions' tax exemption in talks with lawmakers, saying the two industries should unite over regulatory reform.
By Ian McKendryMarch 22 -
During a panel discussion Tuesday, regulators said they are trying not to crack down too hard on sales incentive programs and fix problems that bankers have identified with the exam system.
By Ian McKendryMarch 21 -
Though it's too early to have a concrete plan regarding Fannie Mae and Freddie Mac, the administration is creating a set of principles that it hopes to release in a few months.
By Ian McKendryMarch 21 -
Rep. Maxine Waters, D-Calif., asked Wells Fargo executives on Friday to submit to new interviews concerning its fake-accounts scandal.
By Ian McKendryMarch 17 -
The President's budget calls for eliminating the Treasury's Community Development Financial Institution grant program, which often benefits poor and rural consumers in areas that Trump easily carried in the election.
By John HeltmanMarch 16 -
The president's budget calls for eliminating the Treasury's Community Development Financial Institution grant program, which often benefits poor and rural consumers in areas that Trump easily carried in the election.
By John HeltmanMarch 16