Federal Reserve System After Fifty Years: Hearings before the Subcommittee on Domestic Finance

Description:
The subcommittee, chaired by Representative Wright Patman of Texas, considered six legislative proposals the amend the Federal Reserve Act:
H.R. 3783, a bill to provide for the retirement of Federal Reserve bank stock, and for other purposes,
H.R. 9631, a bill to increase to 12 the number of members of the Federal Reserve Board, and for other purposes,
H.R. 9685, a bill to amend the Federal Reserve Act to provide that interest received by Federal Reserve Banks on obligations of the United States shall be covered into the Treasury as miscellaneous receipts, to authorize appropriations for the expenses of the Federal Reserve Banks and the Board of Governors of the Federal Reserve System, and for other purposes,
H.R. 9686, a bill to require the payment of interest on certain funds of the United States held on deposit in commercial banks, to provide for reimbursement of commercial banks for services performed for the United States, and for other purposes,
H.R. 9697, a bill to amend the Federal Reserve Act and the Federal Deposit Insurance Act by eliminating the prohibition against the payment of interest on demand deposits,
and H.R. 9749, a bill to amend the Federal Reserve Act to provide for Federal Reserve support of government bonds when market yields equal or exceed 4 1/4 percent.

Availability:
1964 to 1964

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SUDOC:
Y 4.B 22/1:F 31/34/

OCLC:
3131347

Citation:
United States. Congress. House. Committee on Banking and Currency, ([year]), Federal Reserve System After Fifty Years: Hearings before the Subcommittee on Domestic Finance, [issue title/date], accessed Aug 22, 2014 from FRASER, http://fraser.stlouisfed.org/publication/?pid=729