On the recordOctober 28, 1991
The amendment prohibits diversified companies from owning banks, which will stop new capital from voluntarily flowing into banks to absorb losses ahead of the taxpayer.
Source
presidency.ucsb.eduThe amendment prohibits diversified companies from owning banks, which will stop new capital from voluntarily flowing into banks to absorb losses ahead of the taxpayer.
Statement of Administration Policy: H.R. 6 - Financial Institutions Safety and Consumer Choice Act of 1991
Share & report
More from George H.W. Bush
We're a blessed nation because we can grow our own food. A nation that can feed its people is a nation more secure.
the detention facility had become a propaganda tool for our enemies and a distraction for our allies.
Think of every problem, every challenge we face. The solution to each starts with education.