Expresses the sense of the Congress that the United States should use the upcoming Economic Summit meetings to indicate its willingness to pursue monetary and fiscal policies necessary to stimulate growth in this country and to help lead a world economic recovery. Urges an agenda that includes: (1) consideration of a multilateral agreement to adopt national fiscal and monetary policies designed to reduce worldwide unemployment promptly; (2) inauguration of a plan to extend the maturity of foreign debt owed by developing nations; and (3) commitment to correct any lack of uniformity or deficiencies in the regulation and supervision of international banking.
Introduced in House
Introduced in House
Referred to House Committee on Banking, Finance and Urban Affairs.
Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Subcommittee Hearings Held.
Subcommittee Hearings Held.
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