House panel: Expand banks' muni powers
- 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 OKs latest draft of bill. Kinnander, Ola // Bond Buyer;03/05/99, Vol. 327 Issue 30592, p4
Reports on the United States Senate Banking Committee's approval of a version of its financial modernization bill which would allow banks to directly underwrite municipal bonds. Reasons of Democrats for opposing the measure; Differences with the House version.
- Republicans in House flunk test of passing Glass-Steagall reform. Isaac, William M. // American Banker;8/24/1995, Vol. 160 Issue 163, p5
Opinion. Comments on the political maneuverings in the US Congress about the proposed reform of the Glass-Steagall Act. Federal Reserve Board's attempt to use the reform debate to expand its powers over banks; Lobbying campaign by independent insurance agents against the Office of the...
- Glass-Steagall reform backed, not repeal. Bronstein, Barbara F. // American Banker;2/27/1995, Vol. 160 Issue 38, p16
Presents the opinions of several bankers concerning the 1933 Glass-Steagall Act. Reason why some bankers desire to repeal the act; Protests to the separation of commercial banking and investment banking.
- If Glass-Steagall falls, what should regulation look like? Sherman, Eugene J. // ABA Banking Journal;Sep95, Vol. 87 Issue 9, p109
Details on the repeal of Glass-Steagall financial-services regulation. Guiding principles in financial-services regulation; Features of successful regulation.
- Deregulating Banking: An Eight-Year Process. Winter, Bill // American Bar Association Journal;May80, Vol. 66 Issue 5, p553
Presents highlights of the 1980 Depositary Institutions Deregulation and Monetary Control Act in the U.S. Six-year phase-out of Regulation Q on bank deposit rates; State usury ceilings for home mortgage loans; Share drafts for credit unions; Bank reserve requirements.
- Glass-Steagall is moth food. Hulihan, Maile // Treasury & Risk Management;Oct96, Vol. 6 Issue 6, p2
Calls for the abolition of the Glass-Steagall law which prevents banks from offering a host of financial services nationwide. Major concerns of treasurers; Benefits of the mass consolidation for the financial services industry; Negative effect of the Glass-Steagall law on the financial services...
- Regulation and the future of banking. Jordan, Jerry L. // Economic Commentary;8/1/95, p1
Focuses on the effect of regulation on the future of banking following the declining efficacy of the 1933 Glass-Steagall Act. Distinctions among three financial market boxes; Examples of functional regulation bordering extinction; Moral hazard problem in regulation; Reasons for expecting genuine...