Finance holds another meeting on bank tax

The Senate Finance Committee is expected to host bank regulators in another round of talks on creating a bank tax.

The meeting is expected to take place on April 15. 

Staffers with Finance and the Joint Committee on Taxation are expected to take part in the meeting.  

Representatives from the Federal Deposit Insurance Corporation, the Federal Reserve Board and the Office of the Comptroller of the Currency are also expected to be at the meeting. 

The chief goal of the meeting is to turn into legislation President Barack Obama's call for a tax on banks that engage in risky behavior. It's unclear what shape the tax would take, though staff have talked about a tax that would be applied to a bank's income, lobbyists and staffers said.

A similar meeting took place in March and produced very little.  

At that meeting, financial executives seriously questioned the effectiveness of tax and warned it might create other headaches. They also asked about the underlying policy goal behind the initiative since, at least publicly, it seemed to punish firms from the recent collapse of the financial markets.