Financial Institutions Supervisory Act of 1966, Hearings Before a Subcommittee of ..., 8902 Om S.3158 ..., April 4 ... May 19, 1966
1966 - 596 pages
accounts action administrative affairs agency amended appeal application appointment appropriate assets authority become believe bill cause cease and desist cease-and-desist order Chairman charges chartered committee concerned condition conduct Congress conservator continue correct Deposit determine director or officer district court effective enforcement engaged examination existing fact Federal Home Loan Federal Reserve Board Federal Savings final financial institutions further give Government hearing Home Loan Bank individual industry institution Insurance Corporation insured institution interest involved issue judicial jurisdiction legislation loan associations Loan Bank Board matter notice operation opinion paragraph participation person practice present President problem procedure proceedings prohibition proposed protect question reason receiver record regulation removal reports representative respect rules savings and loan Senator DOUGLAS served specified statement statute subsection supervision supervisory suspension termination thereof tion unless violation
Page 35 - But the great security against a gradual concentration of the several powers in the same department, consists in giving to those who administer each department the necessary constitutional means and personal motives to resist encroachments of the others.
Page 345 - A copy of such petition shall be forthwith transmitted by the clerk of the court to the Board and thereupon the aggrieved party shall file in the court the record in the proceeding certified by the Board as provided in section 2112 of title 28, United States Code.
Page 37 - In selecting the members of the Board, not more than one of whom shall be selected from any one Federal Reserve district, the President shall have due regard to a fair representation of the financial, agricultural industrial, and commercial interests, and geographical divisions of the country.
Page 324 - Until a transcript of the record in such hearing shall have been filed in a circuit court of appeals of the United States, as hereinafter provided, the commission or board may at any time, upon such notice and in such manner as it shall deem proper, modify or set aside, in whole or in part, any report or any order made or issued by it under this section.
Page 543 - Upon taking possession of the property and business of such bank, the superintendent of banks is authorized to collect moneys due to such bank, and to do such other acts as are necessary to conserve its assets and business, and shall proceed to liquidate the affairs thereof as hereinafter provided.
Page 339 - The judgment and decree of the court shall be final, except that the same shall be subject to review by the Supreme Court upon certiorari as provided in Section two hundred and forty of the Judicial Code.
Page 152 - If upon the preponderance of the testimony taken the Board shall be of the opinion that any person named in the complaint has engaged in or is engaging in any such unfair labor practice, then the Board shall state its findings of fact and shall issue and cause to be served on such person an order requiring such person to cease and desist from such unfair labor practice...
Page 36 - Classification by bank examiners for the Comptroller of the Currency, the Federal Reserve System, and the Federal Deposit Insurance Corporation of United States obligations as riskless assets," when classifying the assets of banks, thus inducing the purchase and retention of such obligations as bank investments.
Page 209 - Any building and loan association, savings and loan association, cooperative bank, homestead association, insurance company, or savings bank, shall be eligible to become a member of, or a nonmember borrower of, a Federal Home Loan Bank if...
Page 35 - If men were angels, no government would be necessary. If angels were to govern men, neither external nor internal controls on government would be necessary. In framing a government which is to be administered by men over men, the great difficulty lies in this: you must first enable the government to control the governed; and in the next place oblige it to control itself.