WASHINGTON — The top Republican on the House Financial Services Committee is demanding data on banks he suspects are being asked to take significant haircuts on loans they extended to subsidiaries of American International Group, now effectively a ward of the state.

"While foreign and domestic counterparties were made whole, AIG has been attempting to force many of its creditors that are U.S. banks to accept severe reductions in the debt owed to them," Rep. Spencer Bachus (R., Ala.) wrote in a letter to U.S. Treasury Secretary Timothy Geithner this week.

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