Expresses the sense of the Congress that : (1) the risk for foreign loans should be borne by the lenders and not by the American taxpayers; (2) the Exchange Stabilization Fund should not be used to finance the foreign debt of other countries; and (3) it should not be the policy of the United States to protect the profits of U.S. and foreign banks engaged in international lending.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
Referred to Subcommittee on International Trade, Investment and Monetary Policy.
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