WASHINGTON --A private-seCtor advisory group last week renewed its plea for Congress to merge the bank and thrift insurance funds, but a key lawmaker immediately objected to one part of its plan.

The Savings Association Insurance Fund Industry Advisory Committee said up to $6 billion not needed by the Resolution Trust Corp. should be made available to the merged fund. The merger would ensure that thrifts don't end up at a competitive disadvantage to banks, the panel said.

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