"Don't do people favors without asking them," Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee, warned industry representatives.

CFA polled a representative sample of adult Americans in July 2009 and learned that 71 percent support requiring banks to gain the permission of customers before routinely providing loans to cover overdrafts.

“These groups are not above using the small crafters to reopen the legislation and get the changes they want.” Ms. Cowles also said parents needed to be assured that their children’s toys were safe, regardless of who made or sold them. “From a product safety standpoint, it doesn’t make a difference whether the toy comes from a local store or a national chain,” said Ms. Cowles. “A child doesn’t know the difference and parents have the right to expect a safe product.”