A joint resolution directing the President to assure an adequate flow of affordable credit to small borrowers.

Directs the President in cooperation with the Board of Governors of the Federal Reserve System to exercise appropriate authorities to assure an adequate flow of credit to small borrowers at affordable prices.

Directs the President to take appropriate actions to limit the large-scale diversion of credit to nonproductive uses.

Directs the President in cooperation with the Board of Governors of the Federal Reserve System to take noninflationary actions necessary to reduce interest rates.

Directs the President to report to Congress within 30 days concerning the effect of his actions in protecting an adequate flow of affordable credit to small borrowers and reducing excessive interest rates.