Banking Legislation Markup

House Banking Committee marked up several bank overhaul proposals have made their way through the Congress this year. None have passed,… 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

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Banking Legislation Markup

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Program ID:
22834-1
Category:
House Committee
Format:
House Committee
Location:
Washington, District of Columbia, United States
First Aired:
Nov 20, 1991 | 12:43am EST | C-SPAN 1
Last Aired:
Nov 24, 1991 | 4:36am EST | C-SPAN 1

Airing Details

  • Nov 20, 1991 | 12:43am EST | C-SPAN 1
  • Nov 20, 1991 | 5:25am EST | C-SPAN 1
  • Nov 24, 1991 | 4:36am EST | C-SPAN 1
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Banking Legislation Markup

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