By David Lawder and Patrick Rucker
WASHINGTON, July 23 (Reuters) – The U.S. Treasury Department on Thursday sent Congress a plan that would consolidate two federal bank regulators in a move it said would help prevent lenders from seeking the loosest oversight. (more…)
Obama team asks Congress to combine bank regulators
CIT survival ensnared in regulatory battle
By Elinor Comlay and Karey Wutkowski
NEW YORK/WASHINGTON, July 13 (Reuters) – The survival of CIT Group Inc <CIT.N>, a key source of financing for thousands of small and medium-sized companies, became ensnared in disagreements between regulators in Washington on Monday. (more…)


