Continuation of Higher Interest Rates on Time Deposits of Foreign Official Institutions: Hearing ... Eighty-ninth Congress, First Session, on H.R. 5306, a Bill to Continue the Authority of Domestic Banks to Pay Interest on Time Deposits of Foreign Governments at Rates Differing from Those Applicable to Domestic Depositors, March 4, 1965
U.S. Government Printing Office, 1965 - Bank deposits - 19 pages
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90 days abroad American Bankers Association American banks Annunzio Answer applicable to domestic attract foreign deposits authority of domestic balance of payments balance-of-payments deficit balance-of-payments problem Banking and Currency banks to pay billion Brock Cabell certificates of deposit Chairman CLAWSON commercial banks COMMITTEE ON BANKING continue the authority demand deposits DEMING deposits of foreign deposits of less domestic banks domestic depositors earnings exemption extend Federal Reserve Board Federal Reserve System FINO flexibility foreign central banks foreign governments foreign official institutions funds Gettys governments when acting higher interest rates hold dollars increase investment JOHNSON legislation limitation loans maturities MINISH MIZE November 24 October 15 official time deposits outflow pay a higher pay interest percent present law Public Law questions rate of interest rate of return rates differing rates on foreign rates paid reason regulation Q ceiling reserve currency Reuss Roosa Stephens Thank Todd United WRIGHT PATMAN