Treasury Under Secretary John D. Hawke Jr. Monday criticized a short-term plan to shore up the ailing thrift insurance fund.

The stopgap proposal made last week by House Banking Committee Chairman Jim Leach is meant to stave off a default on thrift bailout bonds. But the plan would not help end the high premiums that may cause thrifts to flee the Savings Association Insurance Fund, Mr. Hawke told a National Bankers Association conference.

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