English, Article edition: U.S. DEPOSIT INSURANCE REFORM THOMAS F. CARGILL; THOMAS MAYER

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Physical Description
  • article
Language
  • English

Edition details

Title
  • U.S. DEPOSIT INSURANCE REFORM
Author
  • THOMAS F. CARGILL
  • THOMAS MAYER
Physical Description
  • article
Notes
  • Congress, late in 1991, enacted a banking reform measure that (i) authorizes $70 billion of additional FDIC funding, (ii) enhances bank regulation and supervision, and (Hi) adopts a "trip wire" system for increasingly severe regulation based on a bank's capital. Congress rejected a number of key elements of the Treasury proposal submitted early in 1991, such as interstate banking and expanded bank powers. The Congressional action does not end the debate over banking reform. In due time, other attempts likely will be made to restructure the banking system along the lines of the Treasury proposal. Copyright 1992 Western Economic Association International.
  • RePEc:bla:coecpo:v:10:y:1992:i:3:p:95-103
Language
  • English
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