WASHINGTON - In the world of trade group politics, the National Association of State Credit Union Supervisors may have scored a coup in opposing legislation to strengthen the federal government's supervisory power over state institutions.

Sen. Alfonse M. D'Amato unveiled the bill in March. The Arlington, Va.- based trade group, which represents state credit unions as well as regulators, did not oppose it immediately. But when the group decided to do so, it trumpeted its displeasure loud and clear.

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