A bill to establish a National Commission charged with considering the causes of the failure of the savings and loan system and to consider proposals to prevent future failures of this type.
National Financial Institutions Inquiry Commission Act - Establishes the National Commission on Savings and Loans to advise the Congress, the President, and Federal agencies on: (1) policies and programs which may have contributed to the problems in the savings and loan industry; and (2) policies and programs which may be needed to prevent future problems of this type. Requires the Commission to report on its activities to the President and the Congress. Authorizes appropriations. Terminates the Commission within 90 days after its report.
Introduced in Senate
Read twice and referred to the Committee on Banking.
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