WASHINGTON — Several Senate Banking Committee members pressured the Treasury Department on Thursday to require banks that receive an emergency capital injection to use the funds for lending activities and foreclosure prevention.

During a hearing on regulatory responses to the crisis, lawmakers said there are concerns that bankers will sit on the added cash.

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.