President Obama must decide whether to re-nominate a high-ranking Justice Department official whose Senate confirmation process has become tangled up in the dispute over when it is appropriate to charge banks with fair-lending violations.

The impasse centers around a behind-the-scenes deal the Justice Department struck last year with the city of St. Paul, Minn., in which city officials agreed to drop their Supreme Court appeal of a case that many observers believed would result in a curtailment of the federal government's use of a controversial legal theory in fair-lending cases.

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.