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United States · Bill · SJRES

S.J.Res. 92 (96th)

A joint resolution relating to foreign control of United States financial institutions.

referredUnited States· United States Congress· EN

Introduced

26 June 1979

Last action

—

Status

Referred to Senate Committee on Banking, Housing and Urban Affairs.

Sponsors

—

Subjects

Discovery layer

Source updated

14 January 2025

Official sourceView documentsShare

Summary

Directs the Board of Governors of the Federal Reserve System, in consultation with other Federal agencies, to report to Congress concerning: (1) the impact of foreign takeovers of U.S. financial institutions; and (2) statutory changes to prevent or limit such takeovers. Prohibits the approval of applications relating to the foreign takeover of any U.S. financial institution, with specified exceptions.

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Documents

1 official file

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Sources

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