Banking Committee hopes to pass financial reform bill in February

Hume, Lynn Stevens
January 1999
Bond Buyer;01/13/99, Vol. 327 Issue 30557, p5
Trade Publication
Reports that United States Senate Banking Committee chairman Phil Gramm laid out an agenda that includes passing a financial services modernization bill by the end of February 1999 and a securities law reform bill within six months. Gramm's concern on the growing distortions in the financial markets because of financial institutions' acquisition of thrifts to circumvent the Glass-Stegall Act.


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