House Banking Committee Chairman Jim Leach was wise to pull the plug on his comprehensive banking bill. The bill had generated much opposition and little support.

Mr. Leach will pursue what he hopes will be a less contentious course in the time remaining this year. He will attempt to pass a stripped-down version of the regulatory relief bill, without any major reforms to the Community Reinvestment Act.

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.