James A. Leach

I want to make several points on the consumer protection and CRA protection issue. In several ways, CRA is expanded in this bill. One is all subsidiary depository institutions will have to have a satisfactory CRA rating to take on any new…

this bill does advance low cost banking accounts as obligations of certain kinds of banking institutions, which is a very powerful step forward to protect low income people. Secondly, in terms of protecting smaller institutions, this bill…

the gentleman has raised probably the most controversial section of the bill in terms of subtleties of language. I share some of his concerns, and I will assure the gentleman, as we move forward there, this language will be carefully…

First, let me talk about competition. In case no one has noticed, over the last 2 decades the United States of America has outstripped competitively virtually every Western European country. We organize differently than Europe. We…

The movement to go beyond the integration of financial services and eliminate the traditional legal barriers between commerce and banking is simply a bridge we should not cross. It is a course fraught with risk and devoid of benefit and…

I do not know a bigger consumer issue or a bigger public protection issue than the question of do we allow the safety net of financial institutions to be spread to commercial activities of banking institutions. This is what has cost lots…

with reluctance, I stand in opposition to this amendment. Let me say what is in the bill is a compromise between the Committee on Banking and Financial Services and the Committee on Commerce. If this amendment had gone back to the…

the gentlewoman has precisely and correctly laid out the circumstances of the bill. This bill is designed to enhance functional regulation as she has described.

we come to the Congress today to deal with truly historic legislation. Everybody knows there are massive changes underway in the financial landscape. Not all of us like all of these changes. In fact, I would suspect the majority of the…

The IMF, historically, was established in theory before the end of World War II and, in fact, right after the war to deal with the causes of war, the causes of depression. The rationale for the creation of the IMF is very much alive today…

the House today takes up H.R. 1151, the Credit Union Membership Access Act, which the Committee on Banking and Financial Services approved by unanimous voice vote last Thursday. The bill is before us today as a result of a ruling by the…

I personally think it is a common sense, thoughtful, constructive way to proceed with homeless housing. It represents a commitment of Congress to this arena of public concern, which is one of the most extraordinary in this country at this…

I rise in support of H.R. 3116, the Examination Parity and Year 2000 Readiness for Financial Institutions Act. This bill is a product of hearings which the Committee on Banking and Financial Services held in November and February to…

This bill was written exclusively by the chairman of the House Committee on Banking and Financial Services. No outside group presented this bill or suggested the bill prior to its introduction.

the bill would authorize up to $25 million as a U.S. contribution to organizations serving survivors of the Holocaust living in the United States and an additional $5 million for archival research by the U.S. Holocaust Museum to assist in…

I think all of us in this body have to understand that the intricacies of single-issue group politics is bedeviling our foreign policy at this time and jeopardizing the national interests of the United States. If this Congress adjourns…

with reservation I rise today in support of this conference report. Mr. Speaker, let me begin by offering my appreciation to the gentleman from California [Mr. Lewis], my friend and colleague, as well as the gentleman from Ohio [Mr…

let me stress the issue of airplane sales has been raised. That professionals tell us that if this policy had been in effect over the last decade, it would have cost about $8.7 billion in U.S. aircraft sales and in the immediate future…

I would think it very appropriate to point out that the gentleman from New York [Mr. Flake] is not only one of the most decent Members I have ever served with, he has a streak of pragmatic practicality that is as large as any Member in…

H.R. 2165 authorizes the Federal Energy Regulatory Commission [FERC] to extend the time required for commencement of construction of a hydroelectric project in my district for a maximum of three consecutive 2-year periods. The project this…

Mr. Speaker, at issue with American coinage and currency is the need for stability and confidence, combined with the need for keeping up with the times. This bipartisan legislation, largely the work of the gentleman from Delaware [Mr…

the bill before us, H.R. 2343, would abolish a Federal agency, the Thrift Depositor Protection Board, which was established to oversee the activities of the now defunct Resolution Trust Corporation and the Resolution Funding Corporation…

H.R. 2248 was introduced by myself, the gentleman from Texas, the gentleman from New York, the gentleman from Florida, and the gentleman from Illinois, and is cosponsored by 327 Members. It authorizes President Clinton to present…

The mark-to-market approach, which is a fairly subtle thing in terms of the public perspective, is simply an extension of an ongoing program. Now, the question then becomes, what are we doing with the larger issue for which there are…

while the House of Representatives does not have a role in the process of confirming individuals to high-level Government positions, I feel compelled to object today to Senate intransigence with regard to a particular nomination, both…