WASHINGTON - Robert A. Rusbuldt has handed the banking industry a series of legislative defeats in his nine years of lobbying for the Independent Insurance Agents of America.

But now that Republicans rule Congress, Mr. Rusbuldt is on the verge of scoring his biggest victory: freezing the authority of the Office of the Comptroller of the Currency to expand banks' insurance powers.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.