House Speaker Newt Gingrich was none too pleased that American Bankers Association chief lobbyist Edward L. Yingling slammed the financial reform bill the day before it was released.

In a March 9 ABA memo, Mr. Yingling advised members to oppose the legislation because it "tilts strongly against banks and in favor of the securities and insurance industries."

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.