The House Banking Committee on Thursday adopted a resolution urging fellow lawmakers to reject new bank exam fees.

The Clinton administration, as part of its 1999 budget request, has proposed that state banks pay for exams conducted by the Federal Deposit Insurance Corp. and that bank holding companies pay inspection fees to the Federal Reserve.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.