Reorganization Plan No. 1 of 1950: Hearings Before the Committee on Expenditures in the Executive Departments, United States Senate, Eighty-first Congress, Second Session, on S. Res. 246 and S. Res. 247 ... April 11 and 12, 1950U.S. Government Printing Office, 1950 - 82 pages |
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Page 10
... decisions by experienced supervisory authorities , whose decisions are final . The national banks , at this time , have confidence and are satisfied with the splendid past performance of the Comptroller's Office , and certainly do ...
... decisions by experienced supervisory authorities , whose decisions are final . The national banks , at this time , have confidence and are satisfied with the splendid past performance of the Comptroller's Office , and certainly do ...
Page 11
The Comptroller is responsible for momentous deci- sions which would insure sound operations for the national banking system . These decisions should be unbiased and final . Senator ROBERTSON . I thank the committee for giving me this ...
The Comptroller is responsible for momentous deci- sions which would insure sound operations for the national banking system . These decisions should be unbiased and final . Senator ROBERTSON . I thank the committee for giving me this ...
Page 18
... could lead to serious difficulties in the enforcement of the National Bank Act , as the proper administration of national banking laws requires quick decisions by experienced supervisory authorities , whose decisions are final .
... could lead to serious difficulties in the enforcement of the National Bank Act , as the proper administration of national banking laws requires quick decisions by experienced supervisory authorities , whose decisions are final .
Page 21
He must confine his activities to making decisions on broad national policies , and there can be no doubt that successful bank supervision demands the closest per- sonal attention of those who are charged with its administration .
He must confine his activities to making decisions on broad national policies , and there can be no doubt that successful bank supervision demands the closest per- sonal attention of those who are charged with its administration .
Page 34
... be placed in an independent agency to act in its judgment and its decision independent of any higher authority . ... position and make his decisions as Comptroller of the Currency subject to review and reversal by the Secretary of ...
... be placed in an independent agency to act in its judgment and its decision independent of any higher authority . ... position and make his decisions as Comptroller of the Currency subject to review and reversal by the Secretary of ...
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Common terms and phrases
AMBERG American Bankers Association appointed bank division bank supervisory BENNETT Board of Governors BRUMBAUGH Bureau CHAIRMAN chief examiners committee Comp Comptroller's office Congress Currency decisions delegate department head Deposit Insurance Corporation direction directors disapprove dual banking system dual system economy effect efficiency employee executive branch executive departments exercise expenditures FDIC Federal Deposit Insurance Federal Reserve Board Federal Reserve System FLEMING funds future Secretary GLADNEY Hoover Commission independent status LAWTON legislation line of authority loans MCCORMICK ment National Bank Act national bank examiner national banking system operation opposed percent PETERSON policies political present Secretary President proposed quasi-judicial question recom recommendations record Reorganization Act Reorganization Plan resolution respect responsibility Senator BENTON Senator Capehart Senator LEAHY Senator O'CONOR Senator ROBERTSON Senator SCHOEPPEL sound banking statement system of banking Thank Tioga County tion transfer Treasury Department troller United UNITED STATES SENATE vested
Popular passages
Page 2 - Sec. 2. Performance of functions of Secretary. — The Secretary of the Interior may from time to time make such provisions as he shall deem appropriate authorizing the performance by any other officer, or by any agency or employee, of the Department of the Interior of any function of the Secretary, Including any function transferred to the Secretary by the provisions of this reorganization plan.
Page 2 - Prepared by the President and transmitted to the Senate and the House of Representatives In Congress assembled March 13. 1950, pursuant to the provisions of the Reorganization Act of 1949. approved June 20, 1949 DEPARTMENT OF THE TREASURY SECTION 1.
Page 2 - ... the Coast Guard, which shall constitute a part of the military forces of the United States and which shall operate under the Treasury Department in time of peace and operate as a part of the Navy, subject to the orders of the Secretary of the Navy, in time of war or when the President shall so direct.
Page 73 - There shall be in the Department of the Treasury a bureau charged with the execution of all laws passed by Congress relating to the issue and regulation of national currency secured by United States bonds...
Page 29 - The head of each department is authorized to prescribe regulations, not inconsistent with law, for the government of his department, the conduct of its officers and clerks, and the distribution and performance of its business and the custody, use and preservation of the records, papers, and property appertaining to it.
Page 1 - No. 4 of 1950 is necessary to accomplish one or more of the purposes set forth in section 2 (a) of the Reorganization Act of 1949.
Page 46 - Government, as nearly as may be, according to major purposes ; (5) to reduce the number of agencies by consolidating those having similar functions under a single head, and to abolish such agencies or functions as may not be necessary for the efficient conduct of the Government ; and (6) to eliminate overlapping and duplication of effort.
Page 46 - Government; (3) to increase the efficiency of the operations of the Government to the fullest extent practicable...
Page 1 - I have also found and hereby declare that it is necessary to include in the accompanying reorganization plan, by reason of reorganizations made thereby, provisions for the appointment and compensation of new officers specified in sections 2 and 3 of the plan.
Page 2 - Welfare of any of the records, property, personnel and unexpended balances (available or to be made available) of appropriations, allocations, and other funds of the Department which relate to functions affected by this reorganization plan.
Bibliographic information
| Title | Reorganization Plan No. 1 of 1950: Hearings Before the Committee on Expenditures in the Executive Departments, United States Senate, Eighty-first Congress, Second Session, on S. Res. 246 and S. Res. 247 ... April 11 and 12, 1950 |
| Author | United States. Congress. Senate. Committee on Government Operations |
| Publisher | U.S. Government Printing Office, 1950 |
| Length | 82 pages |
| Export Citation | BiBTeX EndNote RefMan |