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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FHFA Director Mel Watt warned Thursday that to prevent a potential draw on the Treasury Department by the government-sponsored enterprises, he is willing to act unilaterally to rebuild capital at Fannie and Freddie.
By Ian McKendryMay 11 -
Republican leaders acknowledged that they will not be able to use the Congressional Review Act to overturn the CFPB's prepaid card rule.
By Ian McKendryMay 9 -
The House Financial Services Committee began debate Tuesday on a sweeping regulatory reform bill, yet while it is expected to pass on party lines, few expect it to stand a chance in the Senate.
By Ian McKendryMay 2 -
During a meeting with more than a hundred community bankers on Monday, Trump administration officials made it clear they favored a system with different rules for small and big banks.
By Ian McKendryMay 1 -
The new Democratic strategy to block GOP Dodd-Frank rewrite is to give it more airtime.
By Ian McKendryApril 28 -
Treasury Secretary Steven Mnuchin's upcoming report on how to rewrite financial regulation is likely to end up looking very similar to a Dodd-Frank overhaul plan in the House.
By Ian McKendryApril 27 -
Senate Banking Committee Chairman Mike Crapo and House Financial Services Committee Chairman Jeb Hensarling said they believed an agreement on housing finance reform could be struck in this Congress.
By Ian McKendryApril 27 -
Democrats drew a line in the sand Wednesday, opposing a provision in a GOP bill that would allow banks to comply with fewer rules in exchange for holding more capital.
By Ian McKendryApril 26 -
Sens. Elizabeth Warren and Ed Markey are seeking information about KPMG to determine if it lived up to its professional obligations when it decided not to disclose fake accounts at Wells Fargo.
By Ian McKendryApril 25 -
The fight over a Consumer Financial Protection Bureau rule adding new restrictions to prepaid cards is intensifying as some Republicans hope to overturn it before a looming deadline expires.
By Ian McKendryApril 21 -
President Trump's executive orders question Obama-era financial crisis prevention system.
By Ian McKendryApril 21 -
The House GOP has signaled that it is ready to move forward on its Dodd-Frank Act replacement plan.
By Ian McKendryApril 19 -
Randal Quarles, the latest front-runner for the vice chair of banking supervision at the Federal Reserve Board, would represent a moderate, mainstream Republican choice that is likely to be welcomed by the financial services industry.
By Ian McKendryApril 17 -
In an interview, CEOs for midsize banks said they are hopeful for a bipartisan Dodd-Frank Act reform bill that eases regulatory requirements for institutions with assets of more than $10 billion.
By Ian McKendryApril 13 -
A new Republican plan to streamline Dodd-Frank's capital rules, stress tests and many other requirements will be reintroduced in the coming weeks by House Financial Services Committee Chairman Jeb Hensarling.
By Ian McKendryApril 12 -
A new Republican plan to streamline Dodd-Frank's capital rules, stress tests and many other requirements will be reintroduced in the coming weeks by House Financial Services Committee Chairman Jeb Hensarling.
By Ian McKendryApril 11 -
A Senate Republican effort to use an obscure process to restructure the CFPB could derail any bipartisan agreement on targeted changes to the Dodd-Frank Act.
By Ian McKendryApril 7 -
Observers are divided over whether National Economic Council Director Gary Cohn's support for a modernized Glass-Steagall Act is purely opportunistic or sincere.
By Ian McKendryApril 6 -
Sens. Ron Wyden, D-Ore., Lisa Murkowski, R-Alaska, Elizabeth Warren, D-Mass., and Ed Markey, D-Mass., introduced a bill Wednesday that would allow credit unions to increase their business lending.
By Ian McKendryApril 5 -
Although the Dodd-Frank Act made some positive changes, the weight of its regulations is killing small banks, Bank of America CEO Brian Moynihan said Tuesday.
By Ian McKendryApril 4
















