"No decision has been made. An announcement could happen any time between now and the convention, but it will only happen after a decision has been made and no decision has been made," said Romney campaign senior adviser Eric Fehrnstrom.

A recent Treasury Department report of misconduct by a banking regulator is giving watchdogs some ammunition to argue that financial regulators are too cozy with the banks they are tasked with overseeing.

The report, part of a small batch just released by the department's inspector-general, says that a government employee in Florida who served as a bank examiner accepted "gratuities (golf fees and/or food) on at least four occasions" from a bank he was reviewing. The report, conducted in 2010, called the situation a "conflict of interest" for the employee, who worked at the Office of the Comptroller of the Currency.

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In one case, an employee was found to have used his work computer to solicit prostitutes via the online classified site Craigslist and arrange trysts on three occasions. In another, an employee was found to have emailed internal information about Treasury contracting to her husband, who worked for a contractor. The rest involved disorderly conduct at a stadium; running up a $240 FedEx bill on the government's dime; and banking with a bank that was also regulated by the agency.