The House will not vote on financial reform legislation if widespread banking industry opposition persists, a key Republican leader pledged Friday.

"We understand the final bill has to be acceptable to a wide array of the banking industry if it is going to succeed," House Republican Conference Chairman John Boehner said in an interview.

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.