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United States · Bill · HR

H.R. 797 (101st)

Federal Deposit Insurance Reform Act of 1989

referredUnited States· United States Congress· EN

Introduced

2 February 1989

Last action

Status

Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Federal Deposit Insurance Reform Act of 1989 - Amends the National Housing Act to remove the Federal Savings and Loan Insurance Corporation (FSLIC) from the Federal Home Loan Bank Board (FHLBB). Places the FSLIC under the direction of the Federal Deposit Insurance Corporation (FDIC). Specifies that all functions and activities of the FSLIC relating to the regulation of savings and loan holding companies shall be transferred to the FHLBB. Expands the membership of the FDIC Board of Directors to include the Chairman of the Federal Home Loan Bank Board and an additional public member.

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Documents

2 official files

Introduced in House (text)

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Sources

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