WASHINGTON - Bankers could face new fair-lending prosecutions if Senate Republicans successfully strip power from the Department of Housing and Urban Development.

Sen. Christopher S. "Kit" Bond, R-Mo., has proposed transferring HUD's fair-lending authority to the Justice Department. He included the proposal in the agency's 1996 spending bill, which is pending before the Senate Appropriations Committee and is expected to go to the Senate floor late this week.

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