Charles A. Bowsher: The Budgetary Treatment of the Proposed Resolution Funding Corporation (REFCORP)
You don't have access to this content. Please try to log in with your institution. Sign In
An important feature of the administration’s proposed approach, reflected in recent weeks in H.R. 1278, “The Financial Institutions Reform, Recovery and Enforcement Act of 1989,” is the creation of an off-budget, government-sponsored enterprise (GSE) to raise funds for a new on-budget federal corporation created by the same legislation, the Resolution Trust Corporation (RTC). The latter would be responsible for resolving currently insolvent savings and loan institutions and those which become insolvent during the 3 years after enactment of the legislation. The HTC would use funds provided by REFCORP [Resolution Funding Corporation].
Contents
- The U.S. Banking Industry: Historical Overview
- Proposition for the Bank of North America
- Charter for the Bank of New York
- George Washington: Letter to Alexander Hamilton on the First National Bank
- Alexander Hamilton: Letter to Washington on the First National Bank
- Act to Incorporate the Subscribers to the Bank of the United States
- McCulloch v. Maryland
- D. Boyd: Letter to William Hayes
- Andrew Jackson: Veto Message Regarding the Second Bank of the United States
- National Bank Act of 1863
- Bylaws of the Freedman’s Saving’s and Trust Company
- Mark Twain and Charles Dudley Warner: The Gilded Age: A Tale of Today
- Formation of the American Bankers’s Association
- Maggie L. Walker: Speech at the 34th Annual Session of the Right Worthy Grand Council of Virginia
- Bankruptcy Catalogue of Stocks, Bonds, and Lands of the Estate of Jay Cooke & Co.
- “The Great Cleveland Panic of 1893”
- Wall Street and the Panic of 1907
- “Morgan! Who Saved the Day!”
- Nelson W. Aldrich: Plan for Banking Legislation
- Federal Reserve Act of 1913
- Agreement Regarding the Distribution of the Dawes Annuities
- Herbert Hoover: Campaign Speech
- Franklin D. Roosevelt: Fireside Chat on the Banking Crisis
- : Banking Act of 1933
- Annual Report of the Federal Deposit Insurance Corporation for 1939
- Gardner Ackley: Testimony before the Joint Economic Committee
- Barbara Rudolph: “The Savings and Loan Crisis: Finally the Bill Has Come Due”
- Charles A. Bowsher: The Budgetary Treatment of the Proposed Resolution Funding Corporation (REFCORP)
- Donald L. Kohn: “The Federal Reserve’s Policy Actions during the Financial Crisis”
- Dodd-Frank Wall Street Reform and Consumer Protection Act
- Marc Labonte: “The Federal Reserve’s Response to COVID-19: Policy Issues”