GOVERNMENT & ECONOMY
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From Times Staff and Wire Reports
House Banking Committee members are considering a plan to reorganize the banking regulatory bureaucracy that would increase the influence of the Treasury Department and the Federal Deposit Insurance Corp. at the expense of the Federal Reserve Board. It calls for a new Treasury Department agency to regulate nationally chartered banks and S&Ls; and their holding companies. All state banks and S&Ls; and their holding companies would be regulated by the FDIC.
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