WASHINGTON - Rep. Marge Roukema, R-N.J., declared victory Friday in her campaign to get banking regulators to delay final community reinvestment rules until Congress can weigh their impact.

"The nation's four top banking regulatory agencies have agreed to delay implementation of new regulations for the Community Reinvestment Act," the House Banking's financial institutions subcommittee chairman said in a news release.

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.