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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Advocates for the marijuana industry fanned out across Capitol Hill on Thursday, urging lawmakers to make it easier for pot businesses to be bank customers.
By Ian McKendryMay 12 -
WASHINGTON Democratic front-runner Hillary Clinton joined congressional Democrats Thursday in calling on the Federal Reserve to take steps to increase the diversity among heads of the regional banks, saying the existing system has disproportionately underrepresented women and minorities.
By John HeltmanMay 12 -
While Donald Trump has successfully dodged laying out clear policy goals, the exchange on Twitter clearly got underneath the New York businessman's skin and may force him to provide a few more specifics ahead of the general election.
By Ian McKendryMay 11 -
WASHINGTON House Republicans will likely unveil legislation within the next few weeks aimed at curbing Consumer Financial Protection Bureau regulations by giving the bureau a dual mandate, Rep. Steve Stivers said Wednesday.
By Ian McKendryMay 11 -
Hillary Clinton's campaign goes on the offensive against presumptive Republican nominee Donald Trump's financial policy positions, arguing he would put the financial system at risk if elected president.
By Ian McKendryMay 10 -
Hillary Clinton's campaign went on the offensive Monday against presumptive Republican nominee Donald Trump's financial policy positions, arguing he would put the system at risk if elected president.
By Ian McKendryMay 9 -
At least three large U.S. banks are preparing to go to market with new small-dollar installment loan products in a move that could potentially disrupt the payday lending industry.
By Ian McKendryMay 6 -
Just six months out from the general election, presumptive Republican presidential nominee Donald Trump's positions on financial issues remain a complete mystery aside from a general pledge to roll back the Dodd-Frank Act.
By Ian McKendryMay 4 -
Just six months out from the general election, presumptive Republican presidential nominee Donald Trumps positions on banking issues remain a complete mystery aside from a general pledge to roll back the Dodd-Frank Act.
By Ian McKendryMay 4 -
State regulators led the way with a bevy of comments suggesting ways NCUA should overhaul how the agency is funded.
By Ian McKendryApril 27 -
Financial technology companies should be examined for safety and soundness just like banks and credit unions, top executives from the Independent Community Bankers of America said Tuesday.
By Ian McKendryApril 26 -
The prepaid card industry is ramping up its advocacy efforts on Capitol Hill as the Consumer Financial Protection Bureau readies a final rule targeting such products.
By Ian McKendryApril 26 -
The prepaid card industry is ramping up its advocacy efforts on Capitol Hill as the Consumer Financial Protection Bureau readies a final rule targeting such products.
By Ian McKendryApril 25 -
The prepaid card industry is ramping up its advocacy efforts on Capitol Hill as the Consumer Financial Protection Bureau readies a final rule targeting such products.
By Ian McKendryApril 25 -
Rep. Randy Neugebauer introduced a bill Thursday that is designed to reverse some of the negative effects of legislation enacted last year that cut the dividend the Fed pays larger banks. His bill would allow banks to redeploy capital held at the Fed.
By Ian McKendryApril 21 -
Despite his loss in the New York primary on Tuesday, Sen. Ted Cruz is fighting hard to win the Republican nomination. But eliminating the CFPB could be an even tougher challenge if he is eventually elected president.
By Ian McKendryApril 20 -
Despite his loss in the New York primary on Tuesday, Sen. Ted Cruz is fighting hard to win the Republican nomination. But eliminating the CFPB could be an even tougher challenge if he is eventually elected president.
By Ian McKendryApril 20 -
WASHINGTON Several Democratic senators are calling for the Government Accountability Office to investigate whether financial technology companies are properly regulated.
By Ian McKendryApril 18 -
Democratic presidential hopefuls Bernie Sanders and Hillary Clinton both emphasized during a late Thursday debate that they are prepared to break up megabanks that pose a systemic risk to the U.S. economy, but also showed there are differences in how they approach "too big to fail."
By Ian McKendryApril 14 -
Credit unions watching closely as they wait to see what sort of supplemental capital proposal will come out of the National Credit Union Administration.
By Ian McKendryApril 14