Key Laws Affecting The Federal Reserve
Key laws affecting the Federal Reserve have been:
- Banking Act of 1935
- Employment Act of 1946
- Federal Reserve-Treasury Department Accord of 1951
- Bank Holding Company Act of 1956 and the amendments of 1970
- Federal Reserve Reform Act of 1977
- International Banking Act of 1978
- Full Employment and Balanced Growth Act (1978)
- Depository Institutions Deregulation and Monetary Control Act (1980)
- Financial Institutions Reform, Recovery and Enforcement Act of 1989
- Federal Deposit Insurance Corporation Improvement Act of 1991
- Gramm-Leach-Bliley Act (1999)
Read more about this topic: History Of The Federal Reserve System
Famous quotes containing the words key, laws, affecting, federal and/or reserve:
“Experience has shown that the trade of the East is the key to national wealth and influence.”
—Chester A. Arthur (1829–1886)
“I have not yet learned to live, that I can see, and I fear that I shall not very soon. I find, however, that in the long run things correspond to my original idea,—that they correspond to nothing else so much; and thus a man may really be a true prophet without any great exertion. The day is never so dark, nor the night even, but that the laws at least of light still prevail, and so may make it light in our minds if they are open to the truth.”
—Henry David Thoreau (1817–1862)
“It is so manifestly incompatible with those precautions for our peace and safety, which all the great powers habitually observe and enforce in matters affecting them, that a shorter water way between our eastern and western seaboards should be dominated by any European government, that we may confidently expect that such a purpose will not be entertained by any friendly power.”
—Benjamin Harrison (1833–1901)
“It is odd that the NCAA would place a school on probation for driving an athlete to class, or providing a loan, but would have no penalty for a school that violates Title IX, a federal law.”
—Cardiss L. Collins (b. 1931)
“I understood that all the material of a literary work was in my past life, I understood that I had acquired it in the midst of frivolous amusements, in idleness, in tenderness and in pain, stored up by me without my divining its destination or even its survival, as the seed has in reserve all the ingredients which will nourish the plant.”
—Marcel Proust (1871–1922)