Statement of Administration Policy: H.R. 4551 - 90-Day Extension of Garn-St. Germain Depository Institutions Act of 1982
April 10, 1986
(House)
(St. Germain (D) Rhode Island)
The Administration supports an extension of the authorities contained in titles I and II of the Garn-St. Germain Depository Institutions Act of 1982, preferably with amendments to relax the acquisition standards and process for banks and thrifts in danger of closing.
Ronald Reagan, Statement of Administration Policy: H.R. 4551 - 90-Day Extension of Garn-St. Germain Depository Institutions Act of 1982 Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/327280