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Depository Institutions Deregulation and Monetary Control Act

Index Depository Institutions Deregulation and Monetary Control Act

The Depository Institutions Deregulation and Monetary Control Act of 1980 (often abbreviated DIDMCA or MCA) is a United States federal financial statute passed in 1980 and signed by President Jimmy Carter on March 31. [1]

20 relations: Competitive Enterprise Institute, Credit union, Demand deposit, Democratic Party (United States), Deposit insurance, Federal Reserve Bank of St. Louis, Federal Reserve System, Fernand St. Germain, Glass–Steagall legislation, Jimmy Carter, Law of the United States, Negotiable order of withdrawal account, Regulation Q, Rhode Island, Savings and loan association, The American Prospect, Title 12 of the United States Code, Transaction account, United States House Committee on Financial Services, United States Senate Committee on Banking, Housing, and Urban Affairs.

Competitive Enterprise Institute

The Competitive Enterprise Institute (CEI) is a non-profit libertarian think tank founded by political writer Fred L. Smith, Jr., on March 9, 1984, in Washington, D.C. According to the 2017 Global Go To Think Tank Index Report (Think Tanks and Civil Societies Program, University of Pennsylvania), CEI is number 59 (of 60) in the "Top Think Tanks in the United States".

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Credit union

A credit union is a member-owned financial cooperative, controlled by its members and operated on the principle of people helping people, providing its members credit at competitive rates as well as other financial services.

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Demand deposit

Demand deposits, bank money or scriptural money are funds held in demand deposit accounts in commercial banks.

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Democratic Party (United States)

The Democratic Party is one of the two major contemporary political parties in the United States, along with the Republican Party (nicknamed the GOP for Grand Old Party).

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Deposit insurance

Explicit deposit insurance is a measure implemented in many countries to protect bank depositors, in full or in part, from losses caused by a bank's inability to pay its debts when due.

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Federal Reserve Bank of St. Louis

The Federal Reserve Bank of St.

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Federal Reserve System

The Federal Reserve System (also known as the Federal Reserve or simply the Fed) is the central banking system of the United States of America.

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Fernand St. Germain

Fernand Joseph St Germain (January 9, 1928 – August 16, 2014) was a U.S. Representative from Rhode Island.

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Glass–Steagall legislation

The Glass–Steagall legislation describes four provisions of the U.S.A Banking Act of 1933 separating commercial and investment banking.

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Jimmy Carter

James Earl Carter Jr. (born October 1, 1924) is an American politician who served as the 39th President of the United States from 1977 to 1981.

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Law of the United States

The law of the United States comprises many levels of codified and uncodified forms of law, of which the most important is the United States Constitution, the foundation of the federal government of the United States.

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Negotiable order of withdrawal account

In the United States, a negotiable order of withdrawal account (NOW account) is a deposit account that pays interest, on which an unlimited number of checks may be written.

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Regulation Q

Regulation Q (12 CFR) is a Federal Reserve regulation which sets out capital requirements for banks in the United States.

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Rhode Island

Rhode Island, officially the State of Rhode Island and Providence Plantations, is a state in the New England region of the United States.

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Savings and loan association

A savings and loan association (S&L), or thrift institution, is a financial institution that specializes in accepting savings, deposits, and making mortgage and other loans.

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The American Prospect

The American Prospect is a daily online and quarterly print American political and public policy magazine dedicated to American liberalism and progressivism.

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Title 12 of the United States Code

Title 12 of the United States Code outlines the role of Banks and Banking in the United States Code.

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Transaction account

A transaction account, checking account, current account, demand deposit account, or share draft account (at credit unions) is a deposit account held at a bank or other financial institution.

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United States House Committee on Financial Services

The United States House Committee on Financial Services (also referred to as the House Banking Committee) is the committee of the United States House of Representatives that oversees the entire financial services industry, including the securities, insurance, banking, and housing industries.

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United States Senate Committee on Banking, Housing, and Urban Affairs

The United States Senate Committee on Banking, Housing, and Urban Affairs (formerly the Committee on Banking and Currency) has jurisdiction over matters related to banks and banking, price controls, deposit insurance, export promotion and controls, federal monetary policy, financial aid to commerce and industry, issuance of redemption of notes, currency and coinage, public and private housing, urban development, mass transit and government contracts.

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Redirects here:

DIDMCA, Depository Institutions Deregulation and Monetary Control Act of 1980, Depository institutions deregulation and monetary control act, Monetary Control Act of 1980.

References

[1] https://en.wikipedia.org/wiki/Depository_Institutions_Deregulation_and_Monetary_Control_Act

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