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.
-
Clearing the bill through the House has value, giving baseline legislative language that the Senate might select in a more modest legislative package.
By John HeltmanJune 8 -
Sen. John Kennedy, R-La., said he wants policymakers to flesh out a potential return of the Glass-Steagall Act, but wasn't sure if it should separate commercial and investment banking.
By Ian McKendryJune 7 -
A GOP House Financial Services Committee report alleges that Consumer Financial Protection Bureau Director Richard Cordray lied about the bureau's investigation into the Wells Fargo scandal.
By Kate BerryJune 6 -
The Senate Banking Committee may pass a number of small legislative proposals to help banks and credit unions, but the panel is still figuring out what sort of package can ultimately be agreed upon, top Democrats said Tuesday.
By Ian McKendryJune 6 -
While a House bill expected to be passed this week has little chance in the Senate, some of its individual provisions could be enacted by Congress, including one aimed at banks' systemic threshold.
By Ian McKendryJune 5 -
A bill to overhaul the Dodd-Frank Act could get a vote in the full House as early as June 7.
By Ian McKendryMay 25 -
The Government Accountability Office has agreed to a request by a GOP lawmaker to examine whether Congress can reject regulators' guidance.
By Ian McKendryMay 23 -
President Trump’s budget would reduce funds to the CFPB and eliminate a fund designed to help regulators unwind a failing megabank.
By Ian McKendryMay 23 -
Roughly 58% of 6,000 voters in key states said they would support moving the bureau from a single director to a bipartisan commission, according to an industry-supported poll.
By Ian McKendryMay 22 -
Treasury Secretary Steven Mnuchin was pressed for his views on housing finance reform, what a “modernized” version of the Glass-Steagall Act would look like and a two-tiered regulatory system.
By Ian McKendryMay 18 -
Treasury Secretary Steven Mnuchin is expected to face tough questions on the OCC, Glass-Steagall and housing finance reform when he testifies on Thursday.
By Ian McKendryMay 16 -
Democrats in the House and Senate introduced a bill Tuesday that would get rid of an obscure legislative process that has handcuffed rulemakings from the Consumer Financial Protection Bureau and other regulators.
By Ian McKendryMay 16 -
The GOP is working on a plan that could extend the Congressional Review Act's reach so that it may overturn certain policies all the way back to 1996.
By Ian McKendryMay 12 -
FHFA Director Mel Watt warned Thursday that to prevent a potential draw on the Treasury Department by the government-sponsored enterprises, he is willing to act unilaterally to rebuild capital at Fannie and Freddie.
By Ian McKendryMay 11 -
Republican leaders acknowledged that they will not be able to use the Congressional Review Act to overturn the CFPB's prepaid card rule.
By Ian McKendryMay 9 -
The House Financial Services Committee began debate Tuesday on a sweeping regulatory reform bill, yet while it is expected to pass on party lines, few expect it to stand a chance in the Senate.
By Ian McKendryMay 2 -
The new Democratic strategy to block GOP Dodd-Frank rewrite is to give it more airtime.
By Ian McKendryApril 28 -
Treasury Secretary Steven Mnuchin's upcoming report on how to rewrite financial regulation is likely to end up looking very similar to a Dodd-Frank overhaul plan in the House.
By Ian McKendryApril 27 -
Senate Banking Committee Chairman Mike Crapo and House Financial Services Committee Chairman Jeb Hensarling said they believed an agreement on housing finance reform could be struck in this Congress.
By Ian McKendryApril 27 -
Democrats drew a line in the sand Wednesday, opposing a provision in a GOP bill that would allow banks to comply with fewer rules in exchange for holding more capital.
By Ian McKendryApril 26


















