FT’s Scannell hired by CNN

Kara Scannell, a U.S. senior finance correspondent for the Financial Times, has been hired by CNN.

Scannell will be moving to Washington and joining the CNN team covering the Russia investigation. She has been at the Financial Times since 2010.

Scannell was previously the U.S. investigations correspondent where she broke news and wrote deeply reported stories about tax evasion schemes, cyber security breaches and white-collar crime. Scannell also wrote extensively about law enforcement investigations into financial institutions for their role in the credit crisis and covered several insider trading trials.

Scannell previously worked at The Wall Street Journal’s Washington bureau where she focused on financial regulation. Scannell revealed lapses in oversight by the Securities and Exchange Commission leading up to the financial crisis and how the agency systematically missed red flags that could have uncovered the Madoff Ponzi scheme.

She also spent years as the federal courts reporter covering criminal trials including the Merrill Lynch bankers involved in the Enron accounting fraud and Martha Stewart’s criminal trial. Earlier, Scannell served as private equity reporter on the paper’s mergers and acquisitions team.

Scannell began her journalism career at CNNfn and while in college freelanced at 1010WINS, the all-news New York radio station.

Scannell won the 2015 Society of American Business Editors and Writers award for breaking news for the FT’s coverage of the flash crash trader. She was a member of the Journal team that was a finalist in the National Affairs category for the 2009 Pulitzer Prize.

A native New Yorker, Scannell holds a BA in media studies and economics from Fordham University.