Banking Regulatory Consolidation

Treasury Secretary lloyd bentsen testifies before the Senate Banking Committee to discuss the administration’s proposal to reform the… read more

Treasury Secretary lloyd bentsen testifies before the Senate Banking Committee to discuss the administration’s proposal to reform the system for regulating banks. Currently there are four government agencies responsible for regulating banks and savings and loans; the office of thrift supervision, the federal reserve board, the office of the comptroller of the currency and the federal deposit insurance corporation. The administration’s proposal would create a five member commission which would be responsible for regulation of the banking industry. The Clinton administration is proposing that the current four agency system for regulating the banking industry be consolidated into one federal banking commission consisting of five members. Currently the banking industry is regulated by the federal reserve board, the office of thrift supervision, the comptroller of the currency, and the federal deposit insurance corporation. close

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Banking Regulatory Consolidation

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Program ID:
54952-1
Category:
Senate Committee
Format:
Senate Committee
Location:
Washington, District of Columbia, United States
First Aired:
Mar 1, 1994
Last Aired:
Mar 6, 1994

Airing Details

  • Mar 01, 1994 | 9:48pm EST | C-SPAN 2
  • Mar 02, 1994 | 3:37am EST | C-SPAN 1
  • Mar 06, 1994 | 3:28am EST | C-SPAN 2
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