Setting up a political showdown with the banking industry, House Republican leaders have decided to merge the financial reform and credit union membership bills for a vote on the combined package Tuesday.

Speaker Newt Gingrich and others concluded that the credit union bill passed last Thursday by the House Banking Committee-which would allow these nonprofit institutions to serve an unlimited number of small companies- would draw votes to the controversial financial reform bill, Capitol Hill sources said.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.