Rep. Scott Garrett, R-N.J., asked Treasury Secretary Timothy Geithner Monday to clarify which companies would pay into a fund meant to pay for the resolution of systemically important institutions.

Draft legislation before the House Financial Services Committee would require any financial company with $10 billion or more of consolidated assets to pay into such a fund.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.