SCONRES 5 · 96th Congress · Finance and Financial Sector

A concurrent resolution requesting the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Federal Home Loan Bank Board to reduce the adverse impact of Regulation Q on depositors and account holders with small deposits and accounts.

Introduced 1979-02-08· Sponsored by Sen. Cranston, Alan [D-CA]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Banking, Housing and Urban Affairs.(1979-02-08)

Plain Language Summary

[AI summary unavailable — showing source text] Requests the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Federal Home Loan Bank Board to provide for an equitable increase in the interest rate on small savings deposits.…

Summarized by Claude AI · Non-partisan · For informational purposes only