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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President Trump made a series of nominations to top Treasury posts as the administration continues to staff up.
By Ian McKendryMarch 15 -
Financial institutions see their best chance to repeal interchange debit fee caps, but merchants are confident they can prevent Congress from taking up the issue again.
By Ian McKendryMarch 14 -
The Treasury Department announced the appointment of four new senior staff members late Friday.
By Ian McKendryMarch 10 -
House Democrats want to know if the Department of Justice is doing a proper investigation into an alleged money-laundering scheme by Deutsche Bank.
By Ian McKendryMarch 10 -
In his meeting with community bankers, President Trump openly pondered the fate of CFPB Director Richard Cordray with his advisers and appeared eager to quickly fix industry concerns through executive orders.
By Ian McKendryMarch 9 -
President Trump met with community bankers on Thursday to highlight executive actions he has taken to provide regulatory relief to the industry and promote job growth.
By Ian McKendryMarch 9 -
Credit unions and financial institutions are required to take steps to protect against cyberattacks, but small businesses that process payments are not doing enough to protect the security of the financial system, a credit union executive said Wednesday.
By Ian McKendryMarch 8 -
Democratic senators are gearing up for a showdown with Republicans over a Consumer Financial Protection Bureau rule governing arbitration agreements in financial contracts.
By Ian McKendryMarch 7 -
Republicans have opened multiple fronts against the agency, undertaking separate efforts to cut its funding, roll back past and future rules, and make far broader changes.
By Kate BerryMarch 3 -
Eleven senators sent a letter to Attorney General Jeff Sessions asking him not to enforce federal pot laws in states that have legalized marijuana.
By Ian McKendryMarch 2 -
Any money laundering investigation could ultimately entangle banks that have done business with President Trump and his various firms over the years.
By Ian McKendryMarch 2 -
Lawmakers from both sides of the political aisle voiced their support Wednesday for keeping credit unions' federal tax exemption intact even as the Trump administration and Congress prepare to make sweeping changes to the tax code.
By Ian McKendryMarch 1 -
A vote on a House plan to replace the Dodd-Frank Act may not happen as quickly as originally expected due to limited floor time and other legislative priorities, such as health care reform, that are likely to take precedent.
By Ian McKendryMarch 1 -
In President Trump’s first joint address to Congress, he listed several top priorities, including repealing Obamacare and enacting tax reform, but made no mention of reforming the Dodd-Frank Act.
By Ian McKendryFebruary 28 -
Lawmakers voiced bipartisan support for regulatory relief, arguing that small financial institutions have had to bear the brunt of too many regulations.
By Ian McKendryFebruary 28 -
Democratic lawmakers in favor of legitimizing marijuana business are not being discouraged by the Trump administration's comments indicating it may pursue a federal crackdown in states where pot is legal.
By Ian McKendryFebruary 28 -
President Trump signed an executive order Friday requiring every agency to establish a task force focused on eliminating unnecessary regulations.
By Ian McKendryFebruary 24 -
The Consumer Financial Protection Bureau's arbitration rule will likely be overturned by Congress if the agency moves ahead with finalizing it.
By Ian McKendryFebruary 23 -
Rep. Blaine Luetkemeyer, the chairman of the House financial institutions subcommittee, said Wednesday that he plans to reintroduce a bill that would change the way banks are designated as systemically important.
By Ian McKendryFebruary 15 -
Senate Banking Committee Chairman Mike Crapo said Wednesday that although he plans to begin working on housing finance reform and changes to the Dodd-Frank Act, the poor relationship between Democrats and Republicans will hinder any progress.
By Ian McKendryFebruary 15

















