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United States · Bill · S

S. 591 (103rd)

Presidential Credit Availability and Economic Recovery Act

referredUnited States· United States Congress· EN

Introduced

16 March 1993

Last action

Status

Read twice and referred to the Committee on Banking.

Sponsors

Subjects

Discovery layer

Source updated

26 August 2025

Summary

Presidential Credit Availability and Economic Recovery Act - Directs the President to conduct a specified review and evaluation of all statutory and regulatory provisions affecting insured depository institutions. Authorizes the President to suspend such provisions upon making determinations that a regulatory scheme is no longer useful or is not cost-effective. Requires the President to consult with specified agencies before making a finding that a regulatory scheme should be suspended and to notify certain congressional committees before issuing an order to suspend. Sets a termination date for the President's authority to issue such order.

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Documents

3 official files

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Sources

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