Banking Legislation
Rep. Kanjorski, a member of the House Banking Committee, discussed the banking reform bill and legislation to fund the F…
House Banking Committee marked up several bank overhaul proposals have made their way through the Congress this year. None have passed, howe… read more
House Banking Committee marked up several bank overhaul proposals have made their way through the Congress this year. None have passed, however, and the committee is still looking for ways to handle bank failures. The committee says a bill is urgently needed, because the bank insurance fund that pays depositors of failed banks is virtually out of money. This, the committee adds, is due to near-record bank failures since the mid-1980s. Without cash, regulators cannot close failed banks and pay insured depositors. The House Banking Committee debated a $50 billion measure that called for reforms in the banking industry. close
Rep. Kanjorski, a member of the House Banking Committee, discussed the banking reform bill and legislation to fund the F…
Members of the Senate debated amendments to S. 543, the Banking Bill. The amendments addressed issues of interstate bank…
Members of the House Banking Committee debated amendments to bank legislation that would allow the Federal Deposit Insur…
In this excerpt from the House of Representatives proceedings, members debate the Deposit Insurance and Regulatory Refor…