Abstract
The approach taken in the 1980s, and thus far in the 1990s, to setting the regulatory agenda for banking (a term we will use to include all federally insured depositories) has been relatively narrowly focused on trying to resolve specific problems that have arisen in the deposit-insurance and bank regulatory system. The several changes in federal banking regulation in the 1980s reflect this narrow and reactive approach. These changes were largely made in five separate pieces of federal legislation — the Depository Institutions Deregulation and Monetary Control Act of 1980 (DIDMCA), the Depository Institutions Act of 1982 (Garn-St Germain), the Competitive Equality in Banking Act of 1987 (CEBA), and the Financial Institutions Reform, Recovery and Enforcement Act of 1989 (FIRREA). Finally, in 1991 the Federal Deposit Insurance Corporation Improvement Act (FDICIA) was enacted.
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© 1996 Dimitri B. Papadimitriou
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Barth, J.R., Brumbaugh, R.D. (1996). The Changing World of Banking: Setting the Regulatory Agenda. In: Papadimitriou, D.B. (eds) Stability in the Financial System. The Jerome Levy Economics Institute Series. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-24767-7_13
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