HCONRES 257 · 100th Congress · International Affairs
A concurrent resolution expressing the sense of the Congress that the Board of Governors of the Federal Reserve System should take such steps as may be necessary to prevent electronic fund transfers between financial institutions in the Republic of Panama and financial institutions in the United States until such time as the President certifies the Republic of Panama pursuant to section 481(h)(2)(A) of the Foreign Assistance Act of 1961.
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.(1988-03-15)
Plain Language Summary
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Expresses the sense of the Congress that the Federal Reserve Board should take steps to prevent electronic fund transfers between financial institutions in Panama and financial institutions in the United States until the President certifies (pursuant to the Foreign Assistance Act of 1961) that Panama has cooperated fully with the United States in preventing illegal traffic in drugs.…
Summarized by Claude AI · Non-partisan · For informational purposes only
Cosponsors (20)
17 Democrats3 Republicans