To Extend for One Year the Authority for More Flexible Regulations of Maximum Rates of Interest Or Dividends: Higher Reserve Requirements and Open Market Operations in Agency Issues, Hearings Before ... , 90-2 on H.R. 16092 ... , June 25, 26, and 27, 1968
1968 - 162 lappuses
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accounts action advances agency amendment amount authority balance Barr believe bill billion bonds borrow BROCK ceilings Chairman PATMAN commercial banks committee Congress continue cost course create Currency debt deposits direct economic effect extend fact Federal Home Loan Federal Reserve banks Federal Reserve Board Federal Reserve notes Federal Reserve System fiscal flow funds give going Government Governor Home Loan Bank homebuilding HORNE housing increase industry institutions Insurance interest interest rates issues language legislation lending limited loan associations MARTIN monetary policy mortgage market objectives obligations open market operations paid percent period position present problem proposed purchase question RANDALL rates reason record requirements residential mortgage responsibility result Reuss ROBERTSON savings and loan securities sell statement suggested Thank things tion Treasury United
10. lappuse - The Bureau of the Budget has advised that it has no objection to the submission of this report. Sincerely yours, Ross RIZLEY, Chairman.
74. lappuse - to coin money and to regulate the value thereof" and prohibited the States from coining money, emitting bills of credit, or making anything but gold and silver coin a tender in payment of debts, supposed they had protected the people against the evils of an excessive and irredeemable paper currency. They are not...
160. lappuse - Treasury, taking into consideration the current average rate on outstanding marketable obligations of the United States as of the last day of the month preceding the issuance of the obligation of the bank.
70. lappuse - There are certain political duties imposed upon many officers in the executive department, the discharge of which is under the direction of the President. But it would be an alarming doctrine that Congress cannot impose upon any executive officer any duty they may think proper, which is not repugnant to any rights secured and protected by the constitution; and in such cases, the duty and responsibility grow out of and are subject to the control of the law, and not to the direction of the President.
69. lappuse - Hearings before the Subcommittee on Domestic Finance of the House Committee on Banking and Currency, The Federal Reserve System after Fifty Years, 88th Cong., 2d Sess.
70. lappuse - The Federal Trade Commission is an administrative body created by Congress to carry into effect legislative policies embodied in the statute in accordance with the legislative standard therein prescribed, and to perform other specified duties as a legislative or as a judicial aid. Such a body cannot in any proper sense be characterized as an arm or an eye of the executive. Its duties are performed without executive leave and, in the contemplation of the statute, must be free from executive control....
117. lappuse - Mr. PATMAN. You have $24 billion worth of bonds. Now, those bonds were bought by giving Federal Reserve notes in exchange for the bonds ; were they not? "Mr. MARTIN. Well, Federal Reserve credit. "Mr. PATMAN. What is that? "Mr. MARTIN. Federal Reserve credit. They were not specific "Mr. PATMAN. That is what I mean. But everyone of them is an obligation of the US Government ; is it not? "Mr. MARTIN. That is correct. "Mr. PATMAN. That is what makes it good. "Mr. MARTIN. That is right.
160. lappuse - ... the Secretary of the Treasury is authorized to use as a public-debt transaction the proceeds of the sale of any securities hereafter issued under the Second Liberty Bond Act, as now or hereafter in force, and the purposes for which securities may be issued under the Second Liberty Bond Act, as now or hereafter in force, are extended to include such purchases. The Secretary of the Treasury...
3. lappuse - ... (b) Section 5B of the Federal Home Loan Bank Act (12 USC 1425b) is amended to read as follows : "SEC. 5B. (a) The Board may from time to time, after consulting with the Board of Governors of the Federal Reserve System and the Board of Directors of the Federal Deposit Insurance Corporation...