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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Rep. Patrick McHenry, R-N.C., is readying a package of bills, one of which could provide financial tech firms with national standards, so that they wouldn't have to comply with the various state regulations.
By Ian McKendryMarch 18 -
Rep. Patrick McHenry, R-N.C., is readying a package of bills, one of which could provide financial tech firms with national standards, so that they wouldn't have to comply with the various state regulations.
By Ian McKendryMarch 18 -
Lawmakers sharply criticized the Federal Deposit Insurance Corp. on Wednesday over a watchdog report that said the agency used abusive tactics to stop banks from offering refund anticipation loans.
By Ian McKendryMarch 16 -
The chairmen of the House and Senate banking committees appear to agree that banks that hold higher capital should get a significant break on other regulatory requirements. But the odds of enacting a bill this year remain long.
By Ian McKendryMarch 16 -
House Financial Services Committee Chairman Jeb Hensarling signaled an aggressive assault on the Dodd-Frank Act, outlining a bill that would allow banks to be released from some of the 2010 reform law's regulations and Basel III requirements if they hold sufficient capital.
By Ian McKendryMarch 15 -
House Financial Services Committee Chairman Jeb Hensarling signaled an aggressive assault on the Dodd-Frank Act on Tuesday, outlining a bill that would allow banks to be released from some of the 2010 reform law's regulations and Basel III requirements if they hold sufficient capital.
By Ian McKendryMarch 15 -
Three-fourths of House lawmakers signed a bipartisan letter that calls on the Consumer Financial Protection Bureau to take more steps to carve out community banks and credit unions from onerous regulations. But will it make a difference?
By Ian McKendryMarch 15 -
Three-fourths of House lawmakers signed a bipartisan letter that calls on the Consumer Financial Protection Bureau to take more steps to carve out credit unions and community banks from onerous regulations. But will it make a difference?
By Ian McKendryMarch 15 -
Since the financial crisis, there has been a consensus that bankers need to repair their corporate cultures in order to fix the reputation damage during the housing collapse. But some bankers are saying it needs to be a more coordinated effort.
By Ian McKendryMarch 14 -
Though it could signal that some presidential appointments might finally start to creep forward, NCUA Chairman Debbie Matzs recent notice that she will step down at the end of next month could complicate things, including NCUA Board Member J. Mark McWatters nomination to the Export-Import Bank Board.
By Ian McKendryMarch 10 -
The Senate Banking Committee approved the nomination of a top Treasury official in charge of stopping terrorism financing and financial crime during an executive session on Thursday.
By Ian McKendryMarch 10 -
Hillary Clinton said she would consult with Sen. Elizabeth Warren, D-Mass., on any choice for Treasury secretary.
By Ian McKendryMarch 10 -
While this presidential race seems to change by the minute, some bankers are beginning to worry that an increasingly likely Donald Trump nomination could threaten GOP control of the Senate and key industry priorities.
By Ian McKendryMarch 9 -
Federal Reserve Board Gov. Lael Brainard's contributions to Hillary Clinton's 2016 presidential campaign is drawing the ire of some members of Congress who already question federal regulators' political autonomy.
By Ian McKendryMarch 9 -
Policymakers need to closely study whether new regulations are hampering liquidity in the fixed-income market, a prominent banker and regulators said Monday.
By Ian McKendryMarch 7 -
The regulatory system is "broken from start to finish" and is allowing banks and other big firms to wear down regulators until they get what they want, Sen. Elizabeth Warren said in a speech Thursday.
By Ian McKendryMarch 3 -
Financial Services Committee approves bill requiring financial regulators to tailor rules to ensure they are appropriate for small FIs.
By Ian McKendryMarch 2 -
The House Financial Services Committee approved a bill 34-22 Wednesday that would require financial regulators to tailor rules to ensure they are appropriate for small banks but the measure continues to face significant Democratic opposition.
By Ian McKendryMarch 2 -
Senate Banking Committee Chairman Richard Shelby's easy victory in his primary battle in Alabama is fueling hopes he may soon move forward on a number of key financial nominations.
By Ian McKendryMarch 2 -
NCUA Board Member McWatters nomination to Export-Import Bank must go through Senate Banking Committee, which the senator chairs.
By Ian McKendryMarch 2
