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TO PROVIDE FOR THE REGULATION OF THE ISSUANCE
A BILL TO AMEND THE BANK HOLDING COMPANY ACT OF 1956
JULY 15, 1974
Printed for the use of the
U.S. GOVERNMENT PRINTING OFFICE
COMMITTEE ON BANKING AND CURRENCY
WRIGHT PATMAN, Texas, Chairman
WILLIAM A. BARRETT, Pennsylvania LEONOR K. (MRS. JOHN B.) SULLIVAN,
HENRY S. REUSS, Wisconsin
THOMAS L. ASHLEY, Ohio
WILLIAM S. MOORHEAD, Pennsylvania
WALTER E. FAUNTROY,
District of Columbia
ANDREW YOUNG, Georgia
JOHN JOSEPH MOAKLEY, Massachusetts FORTNEY H. (PETE) STARK, JR.,
LINDY (MRS. HALE) BOGGS, Louisiana
WILLIAM B. WIDNALL, New Jersey
LAWRENCE G. WILLIAMS, Pennsylvania
MARGARET M. HECKLER, Massachusetts PHILIP M. CRANE, Illinois
JOHN H. ROUSSELOT, California
STEWART B. MCKINNEY, Connecticut
CLAIR W. BURGENER, California
PAUL NELSON, Clerk and Staff Director
JOSEPH C. LEWIS, Professional Staff Member
ORMAN S. FINK, Minority Staff Director
Bomar, Hon. Thomas R., Chairman, Federal Home Loan Bank Board.
Crawford, Morris D., chairman, The Bowery Savings Bank, New York
City, and chairman, committee on Federal legislation of the National
Association of Mutual Savings Banks___
Goldfinger, Nathaniel, director, Department of Research, American
Federation of Labor and Congress of Industrial Organization (AFL-
Mitchell, Hon. George W., Vice Chairman of the Board of Governors of the
Morthland, Rex J., chairman, The Peoples Bank & Trust Co., Selma, Ala.,
Rogg, Nathaniel H., executive vice president, National Association of
Schmults, Hon. Edward C., Under Secretary of the Treasury; accompanied
by Edward M. Roob, Special Assistant to the Secretary (Debt Manage-
Scott, Tom B., Jr., legislative chairman, U.S. League of Savings Associa-
Sullivan, Jane, vice chairman of the Committee on Legislation of the
National Savings and Loan League-
Wille, Hon. Frank, Chairman, Federal Deposit Insurance Corporation...
ADDITIONAL INFORMATION SUBMITTED FOR THE RECORD
American Bankers Association, statement presented by Rex J. Morthland,
American Federation of Labor and Congress of Industrial Organizations
Association of Registered Bank Holding Companies, telegram from Donald
L. Rodgers to Hon. William S. Moorhead, opposing H.R. 15869, dated
Federal Deposit Insurance Corporation, statement presented by Hon.
Federal Home Loan Bank Board, statement presented by Hon. Thomas R.
Federal Reserve System, statement presented by Hon. George W. Mitchell,
Independent Bankers Association of America, letter from Embree K.
Easterly, president, dated July 15, 1974, regarding H.R. 15869 and
others-amendments to the Bank Holding Company Act of 1956.
Mitchell, Hon. George W.:
Response to question of Hon. Ben B. Blackburn..
Morthland, Rex J., response to a question of Hon. Edward I. Koch--