Congress is making its most serious run ever at repealing the Glass- Steagall Act, and the American Bankers Association's top gun on the issue is barred by law from talking to lawmakers.

But that's not a problem, said Larry LaRocco, a former Democratic member of Congress from Idaho who now heads the ABA Securities Association. The ABA affiliate - known as ABASA, and pronounced ah-BASS-ah - will provide information and analysis for the mother trade group, and that's more than enough, he said.

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.