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- Depository_Institutions_Deregulation_and_Monetary_Control_Act abstract "The Depository Institutions Deregulation and Monetary Control Act of 1980 (H.R. 4986, Pub.L. 96–221) (often abbreviated DIDMCA or MCA) is a United States federal financial statute passed in 1980 and signed by President Jimmy Carter on March 31st. It gave the Federal Reserve greater control over non-member banks. It forced all banks to abide by the Fed's rules. It allowed banks to merge.[citation needed] It removed the power of the Federal Reserve Board of Governors under the Glass–Steagall Act to use Regulation Q to set maximum interest rates for any deposit accounts other than demand deposit accounts (with a six-year phase-out). It allowed Negotiable Order of Withdrawal accounts to be offered nationwide. It raised the deposit insurance of US banks and credit unions from $40,000 to $100,000. It allowed credit unions and savings and loans to offer checkable deposits. It allowed institutions to charge any loan interest rates they choose. It required that banks be charged Fed Float for use of funds received before clearing between depository institutions.↑ ↑ 2.0 2.1 ↑ ↑".
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- Depository_Institutions_Deregulation_and_Monetary_Control_Act wikiPageExternalLink h413.
- Depository_Institutions_Deregulation_and_Monetary_Control_Act wikiPageExternalLink s384.
- Depository_Institutions_Deregulation_and_Monetary_Control_Act wikiPageExternalLink h819.
- Depository_Institutions_Deregulation_and_Monetary_Control_Act wikiPageExternalLink STATUTE-94-Pg132.pdf.
- Depository_Institutions_Deregulation_and_Monetary_Control_Act wikiPageID "1690499".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act wikiPageRevisionID "588578890".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act citePublicLaw "96".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act committees United_States_House_Committee_on_Financial_Services.
- Depository_Institutions_Deregulation_and_Monetary_Control_Act committees United_States_Senate_Committee_on_Banking,_Housing,_and_Urban_Affairs.
- Depository_Institutions_Deregulation_and_Monetary_Control_Act conferencedate "1980-03-21".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act effectiveDate "1980-03-31".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act enactedBy "96".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act hasPhotoCollection Depository_Institutions_Deregulation_and_Monetary_Control_Act.
- Depository_Institutions_Deregulation_and_Monetary_Control_Act introducedby "Fernand St. Germain".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act introduceddate "1979-07-27".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act introducedin "House".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act leghisturl z?d096:HR04986:@@@R.
- Depository_Institutions_Deregulation_and_Monetary_Control_Act longtitle "An Act to facilitate the implementation of monetary policy, to provide for the gradual elimination of all limitations on the rates of interest which are payable on deposits and accounts, and to authorize interest-bearing transaction accounts, and for other purposes.".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act nickname "Consumer Checking Account Equity Act of 1979".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act othershorttitles "Depository Institutions Deregulation and Monetary Control Act of 1980Consumer Checking Account Equity Act of 1980Depository Institutions Deregulation Act of 1980Financial Regulation Simplification Act of 1980Monetary Control Act of 1980Truth in Lending Simplification and Reform Act".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act passedbody "House".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act passedbody "Senate".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act passeddate "1979-09-11".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act passeddate "1979-11-01".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act passeddate "1980-03-27".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act passeddate "1980-03-28".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act passedvote "367".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act passedvote "380".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act passedvote "76".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act passedvote "agreed".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act publicLawUrl STATUTE-94-Pg132.pdf.
- Depository_Institutions_Deregulation_and_Monetary_Control_Act sectionsAmended "§ 226".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act shorttitle "Depository Institutions Deregulation and Monetary Control Act".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act signeddate "1980-03-31".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act signedpresident Jimmy_Carter.
- Depository_Institutions_Deregulation_and_Monetary_Control_Act titleAmended "12".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act subject Category:1980_in_law.
- Depository_Institutions_Deregulation_and_Monetary_Control_Act subject Category:Federal_Deposit_Insurance_Corporation.
- Depository_Institutions_Deregulation_and_Monetary_Control_Act subject Category:Federal_Reserve.
- Depository_Institutions_Deregulation_and_Monetary_Control_Act subject Category:United_States_federal_banking_legislation.
- Depository_Institutions_Deregulation_and_Monetary_Control_Act comment "The Depository Institutions Deregulation and Monetary Control Act of 1980 (H.R. 4986, Pub.L. 96–221) (often abbreviated DIDMCA or MCA) is a United States federal financial statute passed in 1980 and signed by President Jimmy Carter on March 31st. It gave the Federal Reserve greater control over non-member banks. It forced all banks to abide by the Fed's rules.".
- Depository_Institutions_Deregulation_and_Monetary_Control_Act label "Depository Institutions Deregulation and Monetary Control Act".
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- Depository_Institutions_Deregulation_and_Monetary_Control_Act sameAs Q5260790.
- Depository_Institutions_Deregulation_and_Monetary_Control_Act sameAs Q5260790.
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- Depository_Institutions_Deregulation_and_Monetary_Control_Act isPrimaryTopicOf Depository_Institutions_Deregulation_and_Monetary_Control_Act.