The end-of-year rush to pass legislation can be bad for the nerves. Just ask James Watt and Lisa McGreevy of the Conference of State Bank Supervisors. They suffered a panic attack last week after hearing rumors that Republican budget negotiators would grant President Clinton's wish to levy federal examination fees on bank holding companies and state-chartered banks and thrifts.

For weeks Ms. McGreevy, top lobbyist for the conference, and Mr. Watt, the group's president, have urged Rep. John Kasich and Sen. Pete V. Domenici to fight the President's plan. State-chartered institutions already pay examination fees to the states, and the White House plan would add $1 billion in costs to the banking industry during the next four years, they argued.

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