News 2002

July 31 : March 5 : February 13

July 31, 2002
  • Bankruptcy Practice Subcommittee Co-chair, Todd Zywicki has written a brief paper regarding bankruptcy law reforms, click HERE to read the paper, "Conference Committee Agrees on Bill to Amend Bankruptcy Laws."

March 5, 2002

  • The Federal Reserve will soon provide banks with updated guidance aimed at making sure they will function smoothly and continue to serve customers in the event of a national disaster.

    February 13, 2002
  • House Financial Services Subcommittee on Financial Institutions Chairman Spencer Bachus (AL) introduced legislation that would reform the nation’s deposit insurance system. The legislation includes provisions to:
    • Merge the Bank Insurance Fund and the Savings Association Insurance Fund;
    • Increase the current coverage limit for insured deposits to $130,000 and index future
    • coverage limits to inflation;
    • Increase coverage limits for municipal deposits;
    • Double coverage limits for individual retirement accounts;
    • Even out bank premiums to avoid sharp increases during times of recession.
      Click HERE for more information
  • The Financial Services Practice Group has completed three short papers on money laundering as part of the series of white papers the Federalist Society is publishing concerning the war on terrorism. Read the papers HERE.




2003 The Federalist Society