WASHINGTON — Lawmakers were ostensibly there to discuss the nominations to lead the Consumer Financial Protection Bureau and the Securities and Exchange Commission, but the debate over "too big to jail" continued to dominate a Senate Banking Committee hearing on Tuesday.

Mary Jo White, the former prosecutor nominated to head the SEC, was repeatedly pressed on whether she would pursue large institutions if confirmed even as other senators raised questions about her past as a private-sector attorney representing big banks.

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.