WASHINGTON -- For the first time in two years, Congress appears ready to approve new funding for the faltering savings and loan ballout.

An agreement this week on the politically sensitive issue of minorities and women contracting with the Resolution Trust Corp. removed one of the last obstacles to approval of the $18.3 billion package.

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.