A proposal by three Republican leaders to single-handedly draft a compromise financial reform bill was strongly objected to Thursday by Democratic lawmakers who called it partisan and unfair.

Under the proposal -- unveiled at a House-Senate conference committee meeting by House Banking Chairman Jim Leach, R-Iowa, Senate Banking Chairman Phil Gramm, R-Tex., and House Commerce Committee Chairman Thomas J. Bliley Jr., R-Va. -- the conference committee would, at most, meet one more day next week to discuss the issues publicly.

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