The Treasury Department on Monday released a 150-page report on the future of the financial services industry.

"American Finance for the 21st Century" was required by Congress in the 1994 interstate branching law. It was due Dec. 31, 1995. Releasing the report with a one-page press release, Treasury did not explain why the report is nearly two years late.

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.