Senate debates bill but faces veto threat
- Senate Panel Approves Bill That Would Allow Banks to Underwrite Munis. Anason, Dean // Bond Buyer;09/14/98, Vol. 325 Issue 30477, p5
Reports that the United States Senate Banking Committee has voted to approve a bill permitting banks, securities and insurance firms to combine and allowing banks to underwrite municipal bonds. Prospects for enactment in 1998; Rollback of the Glass-Steagal law during the Depression era that...
- Bond Bills Introduced Shortly Before Congress's Recess. Jagoda, Naomi // Bond Buyer;8/5/2014, Vol. 1 Issue 34155, p1
The article reports on introduction of bond-related legislative bills in the U.S. House and the Senate before the recess of the U.S. Congress in 2014. It discusses several bonds like Build America Bonds (BAB), qualified zone academy bonds and new clean renewable energy bonds included in the...
- Senate and House Unanimously Pass Check Truncation Legislation. // Community Banker;Aug2003, Vol. 12 Issue 8, p24
Reports on the approval of the Check Truncation Act of 2003 by the U.S. Senate on June 27, 2003. Provisions of the act; Benefit of the legislation to the banking system.
- Will Demands from California Hold Up FCRA Legislation? Heller, Michele // American Banker;10/23/2003, Vol. 168 Issue 204, p1
U.S. Senate leaders are expected to put off consideration of Fair Credit Reporting Act legislation until next week, and California Democrats are demanding that Congress only temporarily reauthorize expiring preemption provisions in the 33-year-old law. Senate leaders had been working toward...
- Senate Panel to Vote on Down Payment Aid. Heller, Michele // American Banker;10/14/2003, Vol. 168 Issue 197, p23
The U.S. Senate Banking Committee is scheduled on Wednesday to vote on down payment assistance legislation that would provide $200 million of federal grants to help low-income Americans buy homes. The bill, sponsored by Senator Wayne Allard, would provide qualified first-time homebuyers $5,000...
- Banks pin underwriting hopes on reform, not OCC. Koning, Rachel // Bond Buyer;11/04/98, Vol. 326 Issue 30514, p4
Focuses on the possibility of a Congressional approval for laws to allow banks in the United States to directly underwrite municipal revenue bonds. Goals to relieve internal bureaucracy; Anticipation for mid-sized banks to pursue easier underwriting application strategies.
- Proposed Idaho Bond Bank Could Mean Lower Local Interest Rates. Finestone, Deborah // Bond Buyer;07/24/2000, Vol. 333 Issue 30938, p36
Focuses on the legislation that would create a bond bank to buy bonds from local municipalities in Idaho. Taxpayer savings expected from the bond bank; Effects of bond banks on a state's credit quality.
- Senate Panel Strips New Interchange Measure From Appropriations Bill. Kaper, Stacy // CardLine;8/6/2010, Vol. 10 Issue 31, p1
The article reports on the removal of Senator Dick Durbin's suggested interchange amendment from the Appropriations Bill by the U.S. Congress Senate Appropriations Committee. It is reported that Durbin had suggested including the provision of credit card payments accepted at government agencies...
- Lawmakers Back Bankruptcy Reform. Kaper, Stacy // American Banker;3/7/2008, Vol. 173 Issue 46, p3
The author reports on the efforts by legislators to pass legislation which would allow judges in bankruptcy proceedings to rewrite primary mortgages. The number of legislators which signed a petition asking for this power to be included in the legislation is mentioned. Attempts by Richard...