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, 1956United 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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Page 2
... increasing interest to the Govern- ment . Under the law the Treasury may be called upon to purchase up to $ 750 million in obligations of the Corporation . The volume of savings insured by the Corporation has increased nearly sixfold in ...
... increasing interest to the Govern- ment . Under the law the Treasury may be called upon to purchase up to $ 750 million in obligations of the Corporation . The volume of savings insured by the Corporation has increased nearly sixfold in ...
Page 3
... increase in the overall operating expenses of the Corporation and of the Federal Home Loan Bank Board , which are financed from the receipts of assessments , fees , premiums , and investment income of the Corporation and of the Board ...
... increase in the overall operating expenses of the Corporation and of the Federal Home Loan Bank Board , which are financed from the receipts of assessments , fees , premiums , and investment income of the Corporation and of the Board ...
Page 6
... increased over that which it is now , and I can see no useful purpose or reason for changing the status quo . Then too , under the proposed new plan , it would not necessarily be bipartisan or nonpartisan , which in my opinion might be ...
... increased over that which it is now , and I can see no useful purpose or reason for changing the status quo . Then too , under the proposed new plan , it would not necessarily be bipartisan or nonpartisan , which in my opinion might be ...
Page 12
... increasing magnitude of the commitments undertaken by the Corporation , it is imperative that the Government establish those organizational arrangements which are best calculated to assure the continued financial soundness of the in ...
... increasing magnitude of the commitments undertaken by the Corporation , it is imperative that the Government establish those organizational arrangements which are best calculated to assure the continued financial soundness of the in ...
Page 15
... increase in the administrative and operating expenses of the Federal Home Loan Bank Board and the Federal Savings and Loan Insurance Corpora- tion . This is inevitable when two organizations which have been utilizing certain common ...
... increase in the administrative and operating expenses of the Federal Home Loan Bank Board and the Federal Savings and Loan Insurance Corpora- tion . This is inevitable when two organizations which have been utilizing certain common ...
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Common terms and phrases
administration Bank of Greensboro board of directors Board of Trustees BROWN BRUNDAGE BUBB Chairman DAWSON charter Committee on Government conflicts of policy constructive improvement cost create D. C. DEAR CONGRESSMAN divide the Federal duplication examination FASCELL Federal Home Loan Federal Savings functions Government Operations handle savings HOLIFIELD Home Loan Bank Hoover Commission House Committee House of Representatives House Office Building increase the expense independent agency interest JONAS June 19 June 20 legislation Loan Advisory Council loan affairs loan associations Loan Bank Board Loan Bank System loan business Loan Insurance Corporation Loan League loan operation MCALLISTER million opposed opposition to Reorganization overlapping responsibilities present single agency progressive nationwide system proposed Reorganization Plan resolution Respectfully result in conflicts SAVINGS & LOAN savings and loan separate agencies separate the Federal Sincerely State-chartered statement supervision support any constructive system of savings United States Savings Washington WILLIAM WILLIAM L wisdom of tampering
Popular passages
Page 126 - Maryland except for those holding membership in the Federal Savings and Loan Insurance Corporation and the Federal Home Loan Bank System.
Page 118 - Operations of the Federal Home Loan Bank System and the Federal Savings and Loan Insurance Corporation...
Page 42 - 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 76 - 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 - The budget programs of the Federal Home Loan Bank Board and the Federal Savings and Loan Insurance Corporation are presented as business-type budgets.
Page 47 - ... 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 158 - Hon. WILLIAM L. DAWSON, Chairman, Committee on Government Operations, House Office Building, Washington, DC DEAR CONGRESSMAN DAWSON...
Page 6 - Budget shall deem to be necessary in order to effectuate the transfers referred to 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. SEC. 5. Interim officers, (a) The President may authorize any person who immediately prior to the effective date of this reorganization plan...
Page 5 - 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 13 - 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...