The House-Senate conference committee negotiating the financial reform bill rejected two amendments Monday that would have expanded consumer protections on bank sales of insurance.

One amendment, sponsored by Reps. Spencer Bachus, R-Ala., and Bill McCollum, R-Fla., would have let state consumer protection laws apply to title insurance sold by national banks or their subsidiaries. House conferees approved the provision by voice vote, but their Senate counterparts defeated it, 9 to 8.

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