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HR 797 101th Congress House

Federal Deposit Insurance Reform Act of 1989

Official title: To provide for the common management of the deposit insurance funds of the Federal Deposit Insurance Corporation and the Federal Savings and Loan Insurance Cor… Show full official titleShow less

Official title: To provide for the common management of the deposit insurance funds of the Federal Deposit Insurance Corporation and the Federal Savings and Loan Insurance Corporation and to expand the membership of the Board of Directors of the Federal Deposit Insurance Corporation.

Introduced: February 2, 1989 See on congress.gov
Finance and Financial Sector Bank holding companiesDeposit insuranceExecutive reorganizationFederal home loan banks
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Government corporationsRegulatory reformSavings and loan associations
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This bill died when the 101st Congress ended
It never became law before the 101st Congress (1989–1990) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 15, 1989
Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.
Feb 2, 1989
Referred to the House Committee on Banking, Finance + Urban Affrs.
Feb 2, 1989
Introduced in House
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 Latest action February 15, 1989

Referred to the Subcommittee on Financial Institutions Supervision, Regulation and Insurance.

 Plain-English summary Congressional Research Service

Federal Deposit Insurance Reform Act of 1989 - Amends the National Housing Act to remove the Federal Savings and Loan Insurance Corporation (FSLIC) from the Federal Home Loan Bank Board (FHLBB). Places the FSLIC under the direction of the Federal Deposit Insurance Corporation (FDIC). Specifies that all functions and activities of the FSLIC relating to the regulation of savings and loan holding companies shall be transferred to the FHLBB.

Expands the membership of the FDIC Board of Directors to include the Chairman of the Federal Home Loan Bank Board and an additional public member.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Kaptur, Marcy
Ohio · Mar 1, 1989
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 797: Federal Deposit Insurance Reform Act of 1989. 101st Congress. Open America. https://openamerica.io/bill/101-HR-797/
MLA
"H.R. 797: Federal Deposit Insurance Reform Act of 1989." 101st Congress, 2026, Open America, https://openamerica.io/bill/101-HR-797/.
Bluebook (legal)
H.R. 797, 101st Cong. (2026), https://openamerica.io/bill/101-HR-797/.
Markdown link
[H.R. 797: Federal Deposit Insurance Reform Act of 1989](https://openamerica.io/bill/101-HR-797/)
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