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Description:Vice Chairman before the Committee on Banking, Housing and Urban Affairs U.S. Senate, June 22, 2004. The accumulation of regulations over the years and their impact on the nation's financial institutions; FDIC’s efforts to review our regulations and address, on an inter-agency basis, some of the existing regulatory burden; actions the FDIC is taking to reduce burdens imposed by our own regulations and operating procedures; and some legislative proposals we are discussing with the other agencies.
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Update Date:01/06/2009
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Agencies Involved:Board of Governors of the Federal Reserve System;Office of the Comptroller of the Currency (OCC);National Credit Union Administration (NCUA);Office of Thrift Supervision;
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Congressional Committee Involved:Committee on Banking, Housing and Urban Affairs
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Fdic Employee Involved:John M. Reich
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Law Involved:Economic Growth and Regulatory Paperwork Reduction Act of 1996 (EGRPRA);Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA);Bank Secrecy Act (BSA);USA PATRIOT Act;Home Mortgage Disclosure Act (HMDA);Community Reinvestment Act (CRA);Truth in Lending Act (TILA);Real Estate Settlement Procedures Act (RESPA);Federal Deposit Insurance Act;Bank Merger Act;
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Other Notable People Involved:U.S. Senator Richard Shelby;U.S. Senator Paul S. Sarbanes;
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Other Institutions Involved:Federal Financial Institutions Examination Council (FFIEC);Conference of State Bank Supervisors;
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