The first year of the revolution is over, and the consensus is that the new Republican Congress didn't accomplish very much. The GOP "Contract with America" is still largely a work in progress, and the contract Rep. Jim Leach tried to forge with the banking industry isn't much further along.

The chairman of the House Banking Committee tried all last year to pass two pieces of legislation that he believed were overwhelmingly helpful to banks: regulatory relief and Glass-Steagall repeal.

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