WASHINGTON - House Banking Committee Chairman Jim Leach blasted the Independent Insurance Agents of America Friday, accusing them of "reneging" on an agreement to remain "neutral-to-supportive" of his Glass-Steagall bill.

"I kept my word to you to keep the status quo - i.e., neutrality," Rep. Leach wrote. "Without the courtesy of even speaking with me, you backtracked on your commitment."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

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