COMMITTEE ON BANKING, CURRENCY AND HOUSING HENRY S. REUSS, Wisconsin, Chairman LINDY (MRS. HALE) BOGGS, Louisiana RICHARD L. STILL, Subcommittee Staff Director (The same table of contents appears in parts 1 and 2) Comiskey, James A., president, Bank of Louisiana, New Orleans--------- 1287 Connell, Lawrence, Jr., bank commissioner, State of Connecticut_ Crawford, Morris D., Jr., chairman, Bowery Savings Bank, New York, N.Y., and chairman, Committee on Federal Legislation, National Association of Mutual Savings Banks; accompanied by Dr. Grover W. Ensley, execu- Dixon, Hon. George H., Deputy Secretary of the Treasury; accompanied by Edward P. Snyder, Director, Office of Debt Analysis------ Duwe, J. Rex, president, American Bankers Association and president, Farmers State Bank, Lucas, Kans.; accompanied by W. Liddon Mc- Peters, president-elect of the association; John H. Perkins, chairman, Government Relations Council; and Dr. Charles Haywood, consultant Faris, James E., president, Conference of State Bank Supervisors; accom- panied by Lawrence Kreider, executive vice president-economist.-.-. Goble, B. David, president, National Association of Federal Credit Unions; accompanied by James C. Barr, executive vice president; Frank Wielga, chairman, Research and Development Committee; Fred Haden, general counsel; and Dick McConnell, director of legislative research__ Greenwood, Harold W., Jr., chairman of the Federal Legislative Committee of the National Savings and Loan League, and president, Midwest Fed- eral Savings & Loan Association of Minneapolis, Minn., accompanied by Arthur Tonsmeire, Jr., president, National Savings & Loan League; Henry A. Carrington, executive vice president; and William J. Halla- Harper, Michael C., staff attorney, Center for Law and Social Policy, on behalf of the National Consumer Congress and Americans for Democratic Hart, John, president, National Association of Homebuilders; accompa- nied by Carl A. S. Coan, Jr., staff vice president and legislative counsel for the association; and Michael Sumichrast, chief economist. Heimann, John G., New York State superintendent of banks__ Hellie, Mandy R., president, Credit Union National Association, Inc.; ac- companied by R. C. Morgan, chairman, Government Affairs Committee; Jonathan Lindley, director, Washington office; and Donald J. Melvin, Hollos, Paul E., president, Institute of Foreign Bankers; accompanied by Steuart L. Pittman, counsel to the institute; Mario De Luca, executive vice president, Banco di Roma; and George Bitterly, general manager, Jesser, Edward A., Jr., chairman, Association of Bank Holding Companies and chairman, United Jersey Banks, Hackensack, N.J.; accompanied by Donald L. Rogers, president of the association---- Kaplan, Dr. Donald, Director of the Office of Economic Research, Federal Lewis, Bill, president, National Association of State Savings and Loan Supervisors, presented on his behalf by William S. Bergman, executive vice president of the association; accompanied by Frank Gailor, general counsel Loomis, Hon. Philip A., Jr., Commissioner, Securities and Exchange Commission Page 539 582 McDonald, Alden, president, Liberty Bank & Trust Co., New Orleans, La. 1289 McKigney, G. James, president, Colonial Bank, New Orleans, La 1003 1294 779 Naugle, Wayne L., vice president, National Association of Mutual Insur- 1265 664 Nickerson, Gen. Herman, Jr., administrator, National Credit Union Ad- 74 O'Brien, Edward I., president of the Securities Industry Association; accompanied by Carl M. Mueller, managing partner of Loeb, Rhoades & Co.; James W. Walker, Jr., executive vice president in charge of the ministration 693 O'Reilly, Kathleen F., legislative director and staff attorney, Consumer 864 Risenhoover, Theodore M., a Representative in Congress from the State of 215 Robertson, Hon. James L., former Vice Chairman, Federal Reserve Board_ Schosberg, Paul A., president, Savings Association League of New York Scott, Tom B., Jr., legislative chairman, United States League of Savings Smaby, Philip C., president, National Association of Realtors; accompanied ADDITIONAL INFORMATION SUBMITTED FOR THE RECORD 420 371 36 3 990 566 324 387 1282 1031 Response to question of Hon. Carroll Hubbard, Jr-... 1032 1045 American Bankers Association: Statement presented on behalf by J. Rex Duwe, president-.-.-.-.-.-.-. 736 957 2206 American Federation of Labor and Congress of Industrial Organizations (AFL-CIO), statement presented on behalf by Dr. Henry B. Schechter, Page director, department of urban affairs___ 371 Americans for Democratic Action, statement presented on behalf by 847 1302 1052 Bergman, William S., executive vice president, National Association of State Savings & Loan Supervisors, response to question of Congressman John H. Rousselot regarding Federal regulations which preempt State laws and in so doing deny borrowers of Federal savings and loan associations the protection under State law... 554 Board of Governors, Federal Reserve System, statement presented by 887 Burns, Hon. Arthur F.: 896 951 Prepared statement with attached appendixes---Response to question of Chairman Fernand J. St Germain re provisions relating to the payment of interest on demand deposits_-_----Comiskey, James A., joint prepared statement with Alden McDonald------ 1292 Comptroller of the Currency, Office of, statement presented by Hon. James E. Smith, comptroller_ Conference of State Bank Supervisors: Letter from Lawrence E. Kreider, executive vice president-economist, dated March 25, 1976, responding to question of Congressman John H. Rousselot re examples illustrating abuses resulting from a regulatory structure which preempts decisionmaking at the local level and substitutes authority in a single Federal agency___ Statement presented on behalf by James E. Faris, president Connell, Lawrence, Jr. : Letter dated March 29, 1976, responding to questions received from 566 556 511 504 Prepared statement with attached appendix__. 426 Consumer Federation of America, statement of Kathleen F. O'Reilly, 864 34 List of States which, as of January 1, 1976, granted State credit union powers or services similar to those proposed for Federal credit unions in the Financial Reform Act of 1976 Statement presented on behalf by Mandy R. Hellie, president______ Council of Mutual Savings Institutions, statement submitted by Gerrit Vander Ende, chairman and president______ Dixon, Hon. George H.: Letter to Chairman Henry S. Reuss commenting on the position of the Treasury Department re proposed legislation reorganizing the bank regulatory system_____ Prepared statement.. Response to question of Chairman Fernand J. St Germain_______ Duwe, J. Rex: 208 101 559 348 336 366 Section-by-section comment on the Financial Reform Act of 1976 765 Faris, James E., prepared statement____ 515 Hon. Frank Wille, chairman___. 387 Federal Home Loan Bank Board, statement presented on behalf by 227 Goble, B. David: Letter responding to questions of Chairman Fernand J. St Germain Attached appendixes: A. "Halfway There: Credit Union Legislation in the 94th 211 164 |