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An Act to reform Federal deposit insurance, protect the deposit insurance funds, recapitalize the Bank Insurance Fund, improve supervision and regulation of insured depository institutions, and for other purposes. Nicknames: Bank Enterprise Act of 1991: Enacted by: the 102nd United States Congress: Effective: December 19, 1991: Citations ...
The FDIC is not supported by public funds; member banks' insurance dues are its primary source of funding. [15] The FDIC charges premiums based upon the risk that the insured bank poses. [ 16 ] When dues and the proceeds of bank liquidations are insufficient, it can borrow from the federal government, or issue debt through the Federal Financing ...
It can be awarded through grants, loans, work-study, and scholarships. To apply for federal financial aid, students must first complete the Free Application for Federal Student Aid ( FAFSA ). The financial aid process has been criticized for its part in enrollment management , whereby students are awarded money not based on merit or need, but ...
Introduced in the House as "Financial Institutions Reform, Recovery and Enforcement Act of 1989" H.R. 1278 by Henry B. Gonzalez (D-TX) on March 6, 1989; Committee consideration by House Banking, Finance, and Urban Affairs, House Government Operations, House Judiciary, House Rules, House Ways and Means
The Federal Deposit Insurance Reform Act of 2005 (Title II, subtitle B of Pub. L. 109–171 (text), 110 Stat. 9, enacted February 8, 2006, with a companion statute, Federal Deposit Insurance Reform Conforming Amendments Act of 2005, Pub. L. 109–173 (text), 119 Stat. 3601, enacted February 15, 2006), was an act of the United States Congress on banking regulation.
The Scholarship America Dream Award, the organization's newest scholarship program, is a multi-year, performance-based scholarship fund targeted toward postsecondary completion. The scholarship program received its initial funding from proceeds from Katie Couric 's book, The Best Advice I Ever Got: Lessons from Extraordinary Lives .
The Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (FIRREA) abolished the FSLIC, and it transferred the responsibility for savings and loan deposit insurance to the Federal Deposit Insurance Corporation (FDIC). The FSLIC Resolution Fund (FRF) was created to assume all the assets and liabilities of the FSLIC, which was to ...
The Harry S. Truman Scholarship is a graduate fellowship in the United States for public service leadership. [1] It is a federally funded scholarship granted to U.S. undergraduate students for demonstrated leadership potential, academic excellence, and a commitment to public service. [ 2 ]