WASHINGTON - Key House leaders appear ready to move legislation barring the Comptroller of the Currency from expanding bank insurance activities under the "incidental to banking" authority.

However, the vehicle for the "Comptroller's moratorium" will probably not be the Glass-Steagall bill, as many had previously assumed. Instead, House Banking Committee Chairman Jim Leach may try to add the measure to regulatory relief legislation that is a top priority for bankers.

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.