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.
-
WASHINGTON Securities and Exchange Commission Chair Mary Jo White should be demoted as head of the agency because of her lack of support for a rule that would require companies to publicly disclose their political spending, Sen. Elizabeth Warren, D-Mass., said Friday.
By Ian McKendryOctober 14 -
WASHINGTON Democratic presidential nominee Hillary Clinton would engage in a review of financial regulations and simplify or eliminate those that are found to be unnecessary if she is elected president, a top adviser said Thursday.
By Ian McKendryOctober 14 -
WASHINGTON Democratic presidential nominee Hillary Clinton would engage in a review of financial regulations and simplify or eliminate those that are found to be unnecessary if she is elected president, a top adviser said Thursday.
By Ian McKendryOctober 13 -
In states with strict rules on small-dollar loans, lenders could see an opening in the language of the CFPB rule to actually hike rates, observers say.
By Ian McKendryOctober 12 -
WASHINGTON Eighteen Republican State Attorneys General sent a letter to the Consumer Financial Protection Bureau last week pushing back against the agency's proposal to rein in high-cost small-dollar loans.
By Ian McKendryOctober 12 -
WASHINGTON Eighteen Republican State Attorneys Generals sent a letter to the Consumer Financial Protection Bureau last week pushing back against the agency's proposal to rein in high-cost small-dollar loans.
By Ian McKendryOctober 11 -
WASHINGTON Federal Reserve Board Vice Chairman Stanley Fischer said Friday that the Dodd-Frank Act has addressed the biggest issues with bank instability but the "shadow banking" sector industry still needs to be addressed.
By Ian McKendryOctober 7 -
The regulations added in the wake of the financial crisis have made the system safer, but it's time to pause on new rules and find ways to improve what's been put in place already, according to the top executives at some of the largest banks.
By Ian McKendryOctober 7 -
A bipartisan group of House lawmakers on the financial services panel introduced legislation Wednesday that would help banks remotely open accounts.
By Ian McKendryOctober 7 -
WASHINGTON A bipartisan group of House lawmakers on the financial services panel introduced legislation Wednesday that would help banks remotely open accounts.
By Ian McKendryOctober 6 -
The agency said Wednesday it has received more than 500,000 comments on the proposal and many more may be filed in the coming days.
By Ian McKendryOctober 6 -
The agency said Wednesday it has received more than 500,000 comments on the proposal and many more may be filed in the coming days.
By Ian McKendryOctober 5 -
A bipartisan group of House lawmakers sent a letter to the Consumer Financial Protection Bureau on Thursday expressing concern about the agency's proposal to rein in payday lending and other short-term credit, warning it could hamper credit availability.
By Ian McKendrySeptember 30 -
A bipartisan group of House lawmakers sent a letter to the Consumer Financial Protection Bureau on Thursday expressing concern about the agency's proposal to rein in payday lending and other short-term credit, warning it could hamper credit availability.
By Ian McKendrySeptember 30 -
WASHINGTON More than one hundred House Democrats sent a letter to Consumer Financial Protection Bureau Director Richard Cordray on Wednesday calling for the agency to strengthen its proposal to rein in payday lending.
By Ian McKendrySeptember 29 -
WASHINGTON More than one hundred House Democrats sent a letter to Consumer Financial Protection Bureau Director Richard Cordray on Wednesday calling for the agency to strengthen its proposal to rein in payday lending.
By Ian McKendrySeptember 28 -
WASHINGTON Members of the Senate Banking Committee introduced legislation Wednesday that would make municipal debt securities more attractive to banks.
By Ian McKendrySeptember 28 -
Following industry objections to how the Federal Deposit Insurance Corp. defines brokered deposits, a House panel heard testimony Tuesday on a series of bills that would amend the definition.
By Ian McKendrySeptember 27 -
Republican presidential nominee Donald Trump used the first debate late Monday to attack the Federal Reserve Board, reiterating accusations that it has purposely kept interest rates low to help President Obama.
By Ian McKendrySeptember 27 -
Republican presidential nominee Donald Trump used the first debate late Monday to attack the Federal Reserve Board, reiterating accusations that it has purposely kept interest rates low to help President Obama.
By Ian McKendrySeptember 26