WASHINGTON - Sweeping language that could roll back national bank insurance powers was added to the House's regulatory relief legislation over the weekend.

The bill, which the House Banking Committee will take up today, would bar the Comptroller of the Currency from expanding national banks' power to sell insurance. The measure also would hand control over national bank insurance regulation to the states.

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.