Concurrent resolution requesting the President to use his powers under the Credit Control Act to control inflation and allocate credit.

[AI summary unavailable — showing source text] Directs the President to authorize the Federal Reserve Board to channel extensions of credit toward essential and productive capital investment, low-and middle-income housing, State and local governments, and small business, and away from loans for speculation in real estate and commodities, to finance anticompetitive acquisitions, and for other inflationary purposes.…