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Doug Bereuter: “Earlier today, this Member introduced the Federal Deposit Insurance Funds and Regulatory Relief Act of 1996, which…”

On the recordJune 4, 1996
Earlier today, this Member introduced the Federal Deposit Insurance Funds and Regulatory Relief Act of 1996, which constitutes a comprehensive plan to: First, fully capitalize the Savings Association insurance fund; second, guarantee payment of interest on Financing Corporation bonds; third, merge the bank and thrift charters; fourth, merge the bank insurance fund and the Savings Association insurance fund into a new deposit insurance fund; and fifth, provide solid regulatory relief to all financial institutions. Mr. Speaker, this Member will be circulating a ``Dear Colleague'' letter explaining the provisions in the bill and he invites his colleagues to join in cosponsoring this comprehensive legislation.
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Doug Bereuter
Source
govinfo.gov

Editor's note · Context

Introducing the Federal Deposit Insurance Funds and Regulatory Relief Act of 1996.

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