SEATTLE - A top regulator warned Monday that the slowing economy has made the need for deposit insurance reform more urgent.

Stock market jitters and sharp increases in consumer debt, home prices, the supply of commercial real estate, as well as a risk of corporate loan defaults, could signal tougher economic times ahead and more bank failures, Federal Deposit Insurance Corp. Chairman Donna Tanoue said in a speech to the annual convention of America's Community Bankers here.

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