WASHINGTON Gingrich Weighs In For Repeal Measure

The House Banking Committee gained an important ally when Speaker Newt Gingrich warned a rival panel to exercise restraint in reworking Glass- Steagall repeal legislation. Rep. Gingrich's letter to Commerce Committee Chairman Thomas J. Bliley, R-Va., was viewed by bank lobbyists as a clear indication that the House leadership places a high priority on passage of a modernization bill.

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