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May 22, 1997

Financial Services Restructuring Part 1

Committee members heard testimony from federal banking regulators on the merging of banks, securities firms and insurance companies. They te… read more

Committee members heard testimony from federal banking regulators on the merging of banks, securities firms and insurance companies. They testified about the risks, such as financial insecurity,and benefits, such as increased competition, of such mergers, which would bring the banking industry more in line with current business and financial practices. Rep. Leach is sponsoring H.R. 10 to allow such mergers by changing the current law governing the banking industry, the 1934 Glass-Steagall Act. close

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Lucille Roybal Allard U.S. Representative [D] California
Richard H. Baker U.S. Representative [R] Louisiana

Ken Bentsen Jr. U.S. Representative [D] Texas
Alan Greenspan Chair Federal Reserve->Board of Governors
Ricki Hefler Chairwoman Federal Deposit Insurance Corporation
Rick Hill U.S. Representative [R] Montana
Carolyn Cheeks Kilpatrick U.S. Representative [D] Michigan
John J. LaFalce U.S. Representative [D] New York
Rick Lazio U.S. Representative [R] New York
Jim Leach U.S. Representative [R] Iowa
Arthur Levitt Chairman Securities and Exchange Commission
Eugene "Gene" A. Ludwig Comptroller of the Currency Department of the Treasury
Bill McCollum Jr. U.S. Representative [R] Florida
Nick Retsinas Director Department of the Treasury->Office of Thrift Supervision
Marge Roukema U.S. Representative [R] New Jersey
Bruce F. Vento U.S. Representative [D] Minnesota
Mel Watt U.S. Representative [D] North Carolina
Dave Weldon U.S. Representative [R] Florida

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House Banking and Financial Services Committee

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Program ID:: 81497-1
Category:: House Committee
Format:: House Committee
Location:: Washington, District of Columbia, United States
First Aired:: May 22, 1997 | 9:17pm EDT | C-SPAN 1
Last Aired:: Aug 21, 1997 | 4:18pm EDT | C-SPAN 2

Airing Details

May 22, 1997 | 9:17pm EDT | C-SPAN 1
May 23, 1997 | 12:44am EDT | C-SPAN 1
May 23, 1997 | 3:25am EDT | C-SPAN 2
May 25, 1997 | 2:01am EDT | C-SPAN 2
Aug 21, 1997 | 2:35pm EDT | C-SPAN 2
Aug 21, 1997 | 4:18pm EDT | C-SPAN 2

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