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 Government Accountability Office has agreed to a request by a GOP lawmaker to examine whether Congress can reject regulators' guidance.
By Ian McKendryMay 23 -
President Trump’s budget would reduce funds to the CFPB and eliminate a fund designed to help regulators unwind a failing megabank.
By Ian McKendryMay 23 -
Roughly 58% of 6,000 voters in key states said they would support moving the bureau from a single director to a bipartisan commission, according to an industry-supported poll.
By Ian McKendryMay 22 -
Treasury Secretary Steven Mnuchin was pressed for his views on housing finance reform, what a “modernized” version of the Glass-Steagall Act would look like and a two-tiered regulatory system.
By Ian McKendryMay 18 -
Advocates for the cannabis industry took to Capitol Hill on Wednesday to lobby for bank protections that would help legitimize the industry and give it access to financial services.
By Ian McKendryMay 17 -
Sen. Jon Tester, D-Mont., and Sen. Jerry Moran, R-Kan., introduced legislation Wednesday that would raise the stress testing threshold for small and community banks to $50 billion of assets.
By Ian McKendryMay 17 -
Treasury Secretary Steven Mnuchin is expected to face tough questions on the OCC, Glass-Steagall and housing finance reform when he testifies on Thursday.
By Ian McKendryMay 16 -
Democrats in the House and Senate introduced a bill Tuesday that would get rid of an obscure legislative process that has handcuffed rulemakings from the Consumer Financial Protection Bureau and other regulators.
By Ian McKendryMay 16 -
The GOP is working on a plan that could extend the Congressional Review Act's reach so that it may overturn certain policies all the way back to 1996.
By Ian McKendryMay 12 -
Democrats on the Senate Banking Committee are raising concerns that a move by Treasury Secretary Steven Mnuchin to appoint Keith Noreika as acting comptroller was done to circumvent Senate vetting.
By Ian McKendryMay 11