WASHINGTON - The Clinton administration on Tuesday endorsed a variety of legislative proposals aimed at easing regulations bankers say have become unnecessarily burdensome.

Testifying before a House banking subcommittee, Under Secretary of the Treasury Frank W. Newman, Comptroller of the Currency Eugene A. Ludwig, and Jonathan L. Fiechter, acting director of the Office of Thrift Supervision, pledged to work closely with Congress to cut unnecessary red tape.

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