In the movie "Groundhog's Day," Bill Murray was doomed to repeat the same sorry day over and over. As a former member of the House Banking Committee, that's the way I've begun to feel as I watch the same anticompetitive amendment by the insurance agents block yet another very fine banking bill.

Although never passed into law, similar amendments stopped ground- breaking Glass-Steagall bills in 1984, 1988, and 1991, as well as interstate branching bills in 1991 and 1992.

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