Amends the International Banking Act of 1978 to direct the Comptroller of the Currency, in considering a foreign bank's application to establish a Federal branch or agency, to consider whether or not U.S. banks are permitted to conduct business in the applicant's country.
Introduced in Senate
Read twice and referred to the Committee on Banking.
Committee on Banking requested executive comment from Comptroller of the Currency.
Committee on Banking. Hearings held. Hearings printed: S.Hrg. 98-1012.
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