U.S. Congress - H.R.6565 FDIC Flexibility Act of 2008
H.R.6565 - FDIC Flexibility Act of 2008
To provide additional authority to the Federal Deposit Insurance Corporation in resolving problem financial institutions, and for other purposes. view all titles (2)
All Bill Titles
- Official: To provide additional authority to the Federal Deposit Insurance Corporation in resolving problem financial institutions, and for other purposes. as introduced.
- Short: FDIC Flexibility Act of 2008 as introduced.
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Official Summary
7/22/2008--Introduced.FDIC Flexibility Act of 2008 - Amends the Federal Deposit Insurance Act to repeal: (1) requirements for least-cost resolution of troubled insured depository institutions; (2) requirements for consideration of direct financial assistance to a depository institution befOfficial Summary
7/22/2008--Introduced.FDIC Flexibility Act of 2008 - Amends the Federal Deposit Insurance Act to repeal:
(1) requirements for least-cost resolution of troubled insured depository institutions;
(2) requirements for consideration of direct financial assistance to a depository institution before appointment of a conservator or receiver;
(3) certain Federal Deposit Insurance Corporation (FDIC) procedures for extension of time and mailed notification regarding determination of claims; and
(4) specified FDIC authority relating to determination of claims. Amends the Federal Reserve Act to repeal limitations on advances to member banks by the Board of Governors of the Federal Reserve System. Amends the Federal Deposit Insurance Corporation Improvement Act of 1991 to repeal provisions regarding early resolution of troubled insured depository institutions by federal banking agencies.
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Recent Blog Coverage
Bill Introduced: HR6565 To provide additional authority to the ...
To provide additional authority to the Federal Deposit Insurance Corporation in resolving problem financial institutions, and for other purposes.
HR 6565, To provide additional authority to the Federal Deposit ...
HR 6565 would provide additional authority to the Federal Deposit Insurance Corporation in resolving problem financial institutions.... Vote on This Bill: For | Against.
Bill Action: Introduced: HR 6565: To provide additional authority ...
David Dreier [R-CA] introduced HR 6565: To provide additional authority to the Federal Deposit Insurance Corporation in resolving problem financial institutions, and for other purposes. [This event matched these trackers: Active ...
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