WASHINGTON -- The House Banking Committee is expected to sport a new streamlined look next year in a restructuring designed to make the panel more workable and mesh its structure with the economic agenda of the coming Clinton administration.

Under a proposal being circulated among committee Democrats, the panel would have six subcommittees instead of eight. Only four of the existing subcommittees -- financial institutions, housing, general oversight and investigation, and international development and finance -- would remain intact.

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