The bill has drawn scrutiny because it would help only one bank, but its congressional supporters brushed off criticism Thursday.
House Panel Approves Emigrant Bank Bill
- Full access to banking's most comprehensive daily report
- Daily, weekly, and topic-based newsletters and alerts
- Award-winning analysis and insight, focused on bankers' key concerns
- Bimonthly industry research reports
- Morning Scan Plus (Premium e-newsletter)
- American Banker mobile app