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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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 -
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















