WASHINGTON - Bankers and their longtime Senate ally remain at loggerheads over the logistics of disclosing Community Reinvestment Act pledges.

In comment letters to federal banking regulators on a proposal to enforce the new financial reform law's so-called CRA sunshine provisions, industry representatives griped that regulators have gone overboard, interpreting the statute too strictly. Senate Banking Committee Chairman Phil Gramm, the father of the provision, reiterated his complaint that the proposal is lax, riddled with loopholes, and contrary to the intent of the law.

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