National Bank Legislation: Hearings Before Subcommittee No. 1 of the Committee on Banking and Currency, House of Representatives, Eighty-seventh Congress, First and Second Sessions, on H.R. 7796 ... and S. 1771 ... and H.R. 8874 ... |
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70 percent accounts aggregate amount American Bankers Association authorized automation bank holding company bank service corporation Banking and Currency banking system BARRETT BERGMANN bill billion Board of Governors branch banks branches in foreign branches of national BRENT SPENCE capital and surplus centum Chairman commercial banks Committee on Banking competitive CONGRESS THE LIBRARY construction loans Currency Committee customers D.C. DEAR data processing Deposit Insurance Corporation enacted equipment estate loan limit favorable Federal Deposit Insurance Federal Reserve Act Federal Reserve Board Federal Reserve System Federal supervisory agency foreign banking foreign branches foreign commerce foreign countries funds House of Representatives JOHNSON legislation lending limitations LIBRARY OF CONGRESS loan association loans secured member banks MOORHEAD MULTER operations payment powers proposed questions real estate loans real estate mortgages regulations require REUSS savings and loan savings deposits SAXON section 25 Senate smaller banks statement STEBBINS supervisory agency concerned Thank tion United Washington
Popular passages
Page 13 - ... chartered or incorporated under the laws of the United States or of any State thereof, and principally engaged in international or foreign banking, or banking in a dependency or insular possession of the United States...
Page 6 - The Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation...
Page 13 - To establish branches in foreign countries or dependencies or insular possessions of the United States for the furtherance of the foreign commerce of the United States, and to act if required to do so as fiscal agents of the United States.
Page 49 - Act, he may make application to the appropriate court for an order enjoining such acts or practices, or for an order enforcing compliance with such provision, and upon a showing by the President that such person has engaged or is about to engage in any such acts or practices a permanent or temporary injunction, restraining order, or other order shall be granted without bond.
Page 49 - Act, or any regulation or order issued thereunder, it may make application to the appropriate court for an order enjoining such acts or practices, or for an~ order enforcing compliance with such provision, and upon a showing by the Commission that such person has engaged or is about to engage in any such acts or practices a permanent or temporary injunction, restraining order, or other order may be granted.
Page 13 - CHANGES IN EXISTING LAW In compliance with subsection (4) of rule XXIX of the Standing Rules of the Senate, changes in existing law made by the bill, as reported, are shown as follows (existing law proposed to be omitted is enclosed in black brackets, new matter is printed in...
Page 44 - States; and generally to exercise such powers as are incidental to the powers conferred by this Act or as may be usual, in the determination of the Federal Reserve Board, in connection with the transaction of the business of banking or other financial operations in the countries, colonies, dependencies, or possessions in which it shall transact business and not inconsistent with the powers specifically granted herein.
Page 70 - Saturday on which the office is so closed, may be performed on the next succeeding business day and no liability or loss of rights of any kind shall result from such delay.
Page 15 - ... such further powers as may be usual in connection with the transaction of the business of banking in the places where such foreign branch shall transact business.
Page 12 - The Committee on Banking and Currency, to whom was referred the bill (HR 6227) to provide for the control and regulation of bank holding companies, and for other purposes, having considered the same, report favorably thereon without amendment and recommend that the bill do pass.