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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Although Steven Mnuchin has close ties to Wall Street and was involved in some contentious deals, Democrats face an uphill battle making the case that those connections disqualify him to serve as Treasury secretary.
By Ian McKendryDecember 16 -
WASHINGTON Senate lawmakers are putting pressure on the Treasury Department's financial crimes unit to clarify to banks that businesses hired by marijuana growers and dispensers should not be treated like pot firms themselves.
By Ian McKendryDecember 14 -
WASHINGTON Senate lawmakers are putting pressure on the Treasury Department's financial crimes unit to clarify to banks that businesses hired by marijuana growers and dispensers should not be treated like pot firms themselves.
By Ian McKendryDecember 14 -
WASHINGTON Gary Cohn, president and chief operating officer at Goldman Sachs, has been offered the job of director of the National Economic Council in the Trump administration, several news outlets reported Friday.
By Ian McKendryDecember 9 -
WASHINGTON A bipartisan duo of House lawmakers introduced a bill Thursday that would push Fannie Mae and Freddie Mac to engage in more credit risk-sharing transactions.
By Ian McKendryDecember 8 -
WASHINGTON House Republicans are urging the Consumer Financial Protection Bureau to process a deluge of comment letters on the bureau's proposal to restrict small-dollar lending.
By Ian McKendryDecember 2 -
President-elect Donald Trump announced Friday that he is assembling a team of top business executives to provide input on how regulations and government policies are impacting economic growth and job creation.
By Ian McKendryDecember 2 -
WASHINGTON The House passed a bill Thursday 254-161 that would remove the strict $50 billion-asset threshold that subjects banks to tougher supervisory requirements, giving regulators more flexibility over what institutions are considered systemically important.
By Ian McKendryDecember 1 -
Democratic lawmakers introduced legislation Thursday that would prevent Wells Fargo from using arbitration agreements to settle claims made by victims of a fake account scandal that came to light in September.
By Ian McKendryDecember 1 -
WASHINGTON The debate over housing finance reform appears to have new life as both Democrats and the next administration appear ready to take up the issue.
By Ian McKendryDecember 1 -
Even before taking office, Treasury Secretary-designate Steven Mnuchin has said he wants to return Fannie Mae and Freddie Mac to the private sector, a radically different vision of housing finance reform than that pushed by other Republicans.
By Ian McKendryNovember 30 -
Even before taking office, Treasury Secretary-designate Steven Mnuchin has said he wants to return Fannie Mae and Freddie Mac to the private sector, a radically different vision of housing finance reform than that pushed by other Republicans.
By Ian McKendryNovember 30 -
Former BB&T Chief Executive Officer John Allison, a top candidate for the next Treasury secretary, reiterated Tuesday that policymakers should consider eliminating or reducing the deposit insurance level.
By Ian McKendryNovember 29 -
WASHINGTON The House is expected to vote on a bill this week that would change the way banks are designated as systemically important and subjected to tougher regulatory requirements.
By Ian McKendryNovember 29 -
John Allison, a contender for President-elect Donald Trumps Treasury secretary, is a staunch opponent of the Federal Reserve Board, the Basel international accords, the governments support of the housing finance industry and the Dodd-Frank Act of 2010.
By Ian McKendryNovember 29 -
John Allison, a contender for President-elect Donald Trumps Treasury secretary, is a staunch opponent of the Federal Reserve Board, the Basel international accords, the governments support of the housing finance industry and the Dodd-Frank Act of 2010.
By Ian McKendryNovember 28 -
The transition team for President-elect Donald Trump announced a series of names this week for people who will help facilitate an orderly transfer of power at the federal financial regulators.
By Ian McKendryNovember 23 -
The transition team for President-elect Donald Trump announced a series of names this week for people who will help facilitate an orderly transfer of power at the federal financial regulators.
By Ian McKendryNovember 22 -
The transition team for President-elect Donald Trump announced a series of names this week for people who will help facilitate an orderly transfer of power at the federal financial regulators.
By Ian McKendryNovember 22 -
President-elect Donald Trump said in a Tweet Tuesday that he is considering Dr. Ben Carson one of his opponents in the Republican primary to head the Department of Housing and Urban Development.
By Ian McKendryNovember 22
