Reorganization Plan No. 2 of 1956: Federal Savings and Loan Insurance Corporation) Hearing Before a Subcommittee of the Committee on Government Operations, House of Representatives, Eighty-fourth Congress, Second Session on H. Res. 541. June 26, 1956
United States. Congress. House. Committee on Government Operations. Executive and Legislative Reorganization Subcommittee, United States. Congress. House. Committee on Government Operations
U.S. Government Printing Office, 1956 - 170 pages
Considers legislation prohibiting the enactment of Reorganization Plan No. 2, 1956, which would grant independent agency status to FSLIC.
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accounts action additional administration adopted agency approve authority believe Brown BRUNDAGE Chairman Dawson charter Committee on Government concerned confusion Congress CONGRESSMAN cost create D. C. DEAR defeat duplication economy effect examination executive expense fact FASCELL Federal Home Loan Federal Savings feel finance functions Government Operations hearings Home Loan Bank Hoover Commission House Committee House of Representatives House Office Building improvement increase independent industry institutions interest Jonas June legislation letter Loan Advisory Council loan associations Loan Bank Board Loan Bank System loan business Loan Insurance Corporation Loan League matter MCALLISTER million objections opposed opposition organization present President proposed question reasons recommendation record Reorganization Plan require reserves resolution responsibilities result SAVINGS & LOAN savings and loan separate serve Sincerely single agency statement submitted supervision tion truly understand urge Washington
Page 117 - Council considered suggestions originating with the savings and loan business, the Federal Home Loan Bank Board or its department heads, other Government agencies and the public. Over the years, the Council has proposed many constructive ideas to the Federal Home Loan Bank Board and to the savings and loan business. During the time I have had the privilege of serving as a member of the Council, these suggestions were in every case graciously received and studied, and sincere efforts made to implement...
Page 40 - Such further measures and dispositions as the Director of the Bureau of the Budget shall determine to be necessary in order to effectuate the transfers provided for in this section shall be carried out in such manner as the Director shall direct and by such agencies as he shall designate.
Page 74 - Chairman of the Federal Deposit Insurance Corporation, the Comptroller of the Currency and the Administrator of the National Credit Union Administration participated under an informal memorandum of agreement.
Page 121 - Home Loan Bank Board and the Federal Savings and Loan Insurance Corporation are concerned with the operations of savings and loan associations, and the existence of two boards could result in conflicts of policy and confusion in the industry.
Page 45 - ... at Tehran, Yalta, and Potsdam, or through his emissaries, are binding upon the Government of the United States. Mr. ACHESON. That covers a wide field. Under the Constitution the President has clearly defined powers. In two of those conferences there were, of course, discussions of military affairs. The President is the Commander in Chief of the Army and the Navy of the United States, and under his war powers can make commitments as to what part the United States will play in the war, and those,...
Page 3 - Prepared by the President and transmitted to the Senate and the House of Representatives in Congress assembled, April 24, 1958, pursuant to the provisions of the Reorganization Act of 1949, approved June 20, 1949, as amended CIVILIAN MOBILIZATION SECTION 1.
Page 4 - Director shall direct. (b) Such further measures and dispositions as the Director of the Bureau of the Budget shall deem to be necessary in order to effectuate the transfers provided for in subsection (a) of this section shall be carried out in such manner as he shall direct and by such agencies as he shall designate.
Page 11 - Corporation shall deem, necessary in connection with such insurance, and (2) if the insurance is granted, to permit and pay the cost of such examinations as in the judgment of the Corporation may from time to time be necessary for its protection and the protection of other insured institutions, to permit the Corporation to have access to any information or report with respect to any examination made by any public regulatory authority and to furnish any additional information with respect thereto...