WASHINGTON -- A House Banking Committee panel plans to hold a hearing next Tuesday on a bill that calls for federal regulators to establish comprehensive derivatives standards for banks, credit unions, and government-sponsored agencies.

The banking committee's financial institutions supervision, regulation, and deposit insurance subcommittee has asked bank regulatory agencies and industry groups to testify at the hearing on the derivatives bill that was introduced in May by Rep. Henry Gonzalez, D-Tex., and Rep. Jim Leach, R-Iowa.

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