Though it was withdrawn during markup of housing legislation in a House subcommittee, a proposal to broaden membership by commercial bank in the Federal Home Loan Bank System will be the subject of hearings June 9-10 and will be offered as an amendment when the housing bib is taken up by the full House Banking, Finance and Urban MM committee.

The co-sponsors, Reps. Stephen L. Neal, D-N.C., and Richard H. Baker, R-La., agreed to withdraw the amendment until hearings were held after a discussion with Rep. Henry B. Gonzalez, D-Texas, during markup of a bill to reauthorize the National Affordable Housing Act. Gonzalez is chairman of the entire committee as well as of the Housing and Community Development Subcommittee.

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