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Bank Holding Company Act of 1956

May 9, 1956

With this legislation, Congress gave the Federal Reserve much more oversight of the banking industry.

Dwight D. Eisenhower Speaking to the Press (Photo: Bettmann/Bettmann/Getty Images)

by Joe Mahon, Federal Reserve Bank of Minneapolis

Bibliography

Fischer, Gerald C. The Modern Bank Holding Company: Development, Regulation and Performance. Philadelphia: Temple University, 1986.

Hafer, R.W. The Federal Reserve System: an Encyclopedia. Westport, Conn.: Greenwood Press, 2005.

Kane, Edward J. “Good intentions and Unintended Evil: The Case Against Selective Credit Allocation.” Journal of Money, Credit and Banking 9, no. 1 (February 1977): 55-69.

Meltzer, Allan H. A History of the Federal Reserve, Volume 2, Book 1: 1951-1969. Chicago: University of Chicago Press, 2010.

Meltzer, Allan H. A History of the Federal Reserve, Volume 2, Book 2: 1970-1986. Chicago: University of Chicago Press, 2010.

Savage, Donald T. “A History of the Bank Holding Company Movement, 1900-78.” In The Bank Holding Company Movement to 1978: A Compendium, 21-68, Washington, DC: Board of Governors of the Federal Reserve System, 1978.

Willit, Virgil, ed. Selected Article on Chain, Group and Branch Banking. New York: H.W. Wilson Company, 1930.


Written as of November 22, 2013. See disclaimer.