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United States · Bill · HR

H.R. 7272 (97th)

A bill to amend the Federal Reserve Act to require prior notification to the Federal Reserve Board of certain financing by commercial banks.

referredUnited States· United States Congress· EN

Introduced

1 October 1982

Last action

Status

Referred to Subcommittee on Domestic Monetary Policy.

Sponsors

Subjects

Discovery layer

Source updated

6 February 2024

Summary

Amends the Federal Reserve Act to authorize the Board of Governors of the Federal Reserve System to require commercial banks which plan to assist in the financing of any part of a corporate acquisition or merger involving more than $100,000,000 in financing to notify the Board of such anticipated financing. Empowers the Board to disapprove such acquisition or merger under specified circumstances.

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Documents

1 official file

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Sources

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