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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Candi Wolff of Citigroup and Anita Eoloff of Wells Fargo are two of the most powerful banking lobbyists in the nations capital, but they dont think the transformation of their once male-dominated field is done, nor do they think everything about the past should be abandoned.
By Ian McKendrySeptember 25 -
Despite praise from CFPB Director Richard Cordray, tension was high during his address at the conference, which also featured a variety of lawmakers alternately criticizing and defending the bureau.
By Ian McKendrySeptember 22 -
WASHINGTON Democratic Senators sent a letter Thursday to the Department of Labor requesting an investigation into possible labor violations at Wells Fargo related to unpaid overtime and other abuses that came to light after articles by the Los Angeles Times and a regulatory settlement announced two weeks ago.
By Ian McKendrySeptember 22 -
Other investigations related to Wells Fargo may prevent the Consumer Financial Protection Bureau from sharing confidential information with House investigators, Director Richard Cordray said Thursday.
By Ian McKendrySeptember 22 -
Other investigations related to Wells Fargo may prevent the Consumer Financial Protection Bureau from sharing confidential information with House investigators, Director Richard Cordray said Thursday.
By Ian McKendrySeptember 22 -
Republican lawmakers are pushing back against claims by the Consumer Financial Protection Bureau's allies that it rooted out fraud at Wells Fargo, arguing the L.A. City Attorney and the Los Angeles Times brought the situation to light.
By Ian McKendrySeptember 21 -
Republican lawmakers are pushing back against claims by the Consumer Financial Protection Bureau's allies that it rooted out fraud at Wells Fargo, arguing the L.A. City Attorney and the Los Angeles Times brought the situation to light.
By Ian McKendrySeptember 21 -
WASHINGTON Sen. Elizabeth Warren, D-Mass., called on Wells Fargo Chief Executive John Stumpf to resign Tuesday, saying Wall Street would continue to rip off customers until senior executives are held accountable.
By Ian McKendrySeptember 20 -
WASHINGTON Sen. Bob Corker, R-Tenn., dismissed calls Monday by a group with alleged ties to hedge funds to recuse himself from a hearing this week probing the recent enforcement action against Wells Fargo.
By Ian McKendrySeptember 19 -
The House Financial Services Committee said Friday it plans to open an investigation into the fraudulent account openings at Wells Fargo and will hold a hearing soon on the issue.
By Ian McKendrySeptember 16 -
House Democrats made an unusual move this week to avoid offering amendments or engaging in debate over a massive financial reform bill. Here's why.
By Ian McKendrySeptember 15 -
House Democrats made an unusual move this week to avoid offering amendments or engaging in debate over a massive financial reform bill. Here's why.
By Ian McKendrySeptember 15 -
Chairman Jeb Hensarlings financial reform bill was approved by the Financial Services Committee along mostly party lines as Democrats declined to offer amendments to legislation they said was too flawed to begin with.
By Ian McKendrySeptember 13 -
Chairman Jeb Hensarling's financial reform bill was approved by the Financial Services Committee along mostly party lines as Democrats declined to offer amendments to legislation they said was too flawed to begin with.
By Ian McKendrySeptember 13 -
Democratic lawmakers are calling for Wells Fargo Chief Executive John Stumpf to testify before a Senate panel as part of an investigation into nearly 2 million fraudulent bank and credit card accounts that Wells employees opened in an effort to meet sales incentives.
By Ian McKendrySeptember 12 -
CU trade groups have generally praised Jeb Hensarling's Financial Choice Act, though some analysts say it has little chance of becoming law.
By Ian McKendrySeptember 8 -
WASHINGTON The House Financial Services Committee will vote on a bill Tuesday that has been touted as a Dodd-Frank alternative and will likely set the marker for financial reform debates in the next Congress.
By Ian McKendrySeptember 8 -
Though no legislation is likely to pass prior to the election, lawmakers will be busy throughout September with hearings featuring top Federal Reserve Board officials and voting on a much anticipated financial reform bill. Here are five things to keep an eye on:
By Ian McKendrySeptember 6 -
Though no legislation is likely to pass prior to the election, lawmakers will be busy throughout September with hearings featuring top Federal Reserve Board officials and voting on a much anticipated financial reform bill. Here are five things to keep an eye on.
By Ian McKendrySeptember 2 -
WASHINGTON Kansas City Federal Reserve Board President Esther George and Richmond Fed President Jeffrey Lacker will testify before a House panel on Wednesday.
By Ian McKendrySeptember 1