Despite rumors to the contrary, House Banking Committee general counsel Joseph L. Seidel is not quitting.

Mr. Seidel acknowledged bank lobbyists are flapping lips about his desire for a new post, but he said the reports "aren't remotely true."

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.