Rep. Edward Royce, R-Calif., says he plans to introduce a House version of optional federal charter legislation this fall–but the move comes amid several indications that the Democratic leadership in the House Financial Services Committee is balking at supporting any bill that would allow for deregulation of personal lines.

First, at a fundraiser on Sept. 12–the same day Rep. Royce confirmed his plans to introduce his bill–Rep. Barney Frank, D-Mass., ranking minority member of the panel, told industry lobbyists he would not support rate deregulation for personal lines.

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