WASHINGTON — Though federal regulators acknowledged they were partly responsible for mixed messages sent to banks — "increase your lending, tighten your loan standards" — they continued to send them at a House hearing Wednesday.

With lawmakers also shouldering some of the blame, regulators contradicted each other — and, at times, themselves — about what they were asking of banks.

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.