Impact of Banking Reform
The subcommittee heard testimony on banking reform proposals and the possible effects of the proposals on bank depositors. Banking reform me… read more
The subcommittee heard testimony on banking reform proposals and the possible effects of the proposals on bank depositors. Banking reform measures included legislation that would allow stable banking institutions to offer new financial products to consumers, such as insurance services or money-market funds, and legislation that would allow large branching systems for well-capitalized banks. The testimony was marked with sharp exchanges between consumer advocates and Representative Doug Barnard, D-Georgia who supported the Treasury’s legislation. close
People in this video
- Helen Boosalis American Association of Retired Persons
- Sherri Ettleson Representative Public Citizen
- Doug Freeman Executive Vice President Wells Fargo Bank
- William Haraf Vice President Citicorp->Policy Analysis
- John Laware Member Federal Reserve->Board of Governors
- Serafin Mariel Representative National Bankers Association
- Edmund Mierzwinski Lobbyist U.S. Public Interest Research Group->Consumer Affairs
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Peggy Miller Consumer Federation of America
- Alan Tubbs American Bankers Association
- Eugene Ulrich Member Independent Bankers Assn. of America
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