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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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 -
WASHINGTON The House Financial Services Committee will hold a vote Wednesday on a bill that would provide regulatory relief for financial institutions that are not considered systemically important.
By Ian McKendryMarch 1 -
WASHINGTON The House Financial Services Committee will hold a vote Wednesday on a credit union-backed bill that would provide regulatory relief for financial institutions that are not considered systemically important.
By Ian McKendryMarch 1 -
WASHINGTON A bank regulatory relief plan put forward by Federal Deposit Insurance Corp. Vice Chairman Thomas Hoenig is getting support in the House.
By Ian McKendryFebruary 29 -
Love him or hate him, Trump provokes strong reactions from much of the electorate, bankers included. His volatile temperament and penchant for showmanship have left many skeptical, but some see his business experience and dealmaking savvy as a positive.
By Ian McKendryFebruary 26 -
WASHINGTON Democratic senators introduced a bill Thursday that would separate out medical debt from other types of consumer debt for credit reporting purposes.
By Ian McKendryFebruary 25 -
Several members of Congress endorsed an effort to send a joint bipartisan letter to the Consumer Financial Protection Bureau asking for more exemptions for CUs and small banks.
By Ian McKendryFebruary 24 -
A day after Consumer Financial Protection Bureau Director Richard Cordray told financial industry executives that Congress did not intend to exempt small institutions from most rules, several lawmakers begged to differ.
By Ian McKendryFebruary 24 -
WASHINGTON A day after Consumer Financial Protection Bureau Director Richard Cordray told financial industry executives that Congress did not intend to exempt small institutions from most rules, several lawmakers begged to differ.
By Ian McKendryFebruary 24 -
The top leaders of the National Credit Union Administration said this week that they support an alternative option that would allow credit unions to merge some operations a prospect that is alarming banking industry representatives.
By Ian McKendryFebruary 24 -
Director of Consumer Financial Protection Bureau makes appeal to CUs to work with his agency; says they have 'much ground in common.'
By Ian McKendryFebruary 24
