WASHINGTON - Senate Banking Committee Chairman Alfonse M. D'Amato said he will block a proposal sponsored by House Banking Committee Chairman Jim Leach to strip unitary thrifts of their special powers.

In a speech Tuesday to America's Community Bankers, Sen. D'Amato told the big thrift trade group that he would not permit the restrictions on unitary thrift holding companies proposed in the Iowa lawmaker's Glass- Steagall reform bill.

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