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Bank Suspension Study

In 1936, the Board of Governors of the Federal Reserve System organized a committee to prepare studies on possible means of improvement of the existing banking structure. Various memoranda were created under the following topics: 1) Improvements in the organization, functions, and management of banking institutions and in supervisory methods. 2) Unification of the banking system. 3) Consolidation of the supervisory functions of various Federal agencies dealing with banks, including the lending or recapitalization functions of agencies which assist banks in difficulties.

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Board of Governors of the Federal Reserve System (U.S.), 1935-. Bank Suspension Study. https://fraser.stlouisfed.org/title/8600, accessed on May 2, 2024.