Treasury Under Secretary John D. Hawke Jr. on Monday panned House leaders' plans to attach regulatory relief legislation to a budget bill that must be enacted by April 24.

"That has no chance of happening," Mr. Hawke said after a speech at the spring meeting of the Independent Bankers Association of America. He said the regulatory relief bill contains too many controversial provisions, such as Community Reinvestment Act exemptions for small banks, which the Clinton administration opposes.

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