✦ LIBER ✦
Statement no.118 principles of bank reform: Guidelines for assessing pending legislative proposals
- Book ID
- 104639555
- Publisher
- Springer
- Year
- 1996
- Tongue
- English
- Weight
- 91 KB
- Volume
- 10
- Category
- Article
- ISSN
- 0920-8550
No coin nor oath required. For personal study only.
✦ Synopsis
Two proposals to modernize the banking system and its associated regulatory structure are now before the Congress: H.R. 1062 (the Leach Bill) and S. 337 (the D'Amato Bill). Choosing between these proposals, which contain important differences, requires that we be clear about what we want financial reform to achieve. The Shadow Financial Regulatory Committee ("Committee") has identified five key principles that should, from the standpoint of FDIC and taxpayer-consumers, guide reform.