WASHINGTON - Bank regulators renewed their appeal for Congress to give the new Community Reinvestment Act regulations some breathing room, but ran into stern opposition from Republican lawmakers.

"You have zero, nada, zip credibility in that area to ask us to wait," said Rep. Doug Bereuter during a hearing Thursday before the House Banking subcommittee on financial institutions. The Nebraskan was alluding to the two years banking agencies spent hammering out changes to the reinvestment law.

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