House Banking Committee Chairman Jim Leach came out Tuesday against levying fees on state banks examined by the Federal Deposit Insurance Corp. and the Federal Reserve Board.

The Clinton administration has proposed raising $400 million during the next five fiscal years by charging state banks for exams done by federal regulators.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.