페이지 이미지
PDF
ePub
[blocks in formation]

A BILL TO SAFEGUARD THE CONSUMER IN CONNECTION WITH THE
UTILIZATION OF CREDIT BY REQUIRING FULL DISCLOSURE OF THE
TERMS AND CONDITIONS OF FINANCE CHARGES IN CREDIT TRANS-
ACTIONS OR IN OFFERS TO EXTEND CREDIT; BY ESTABLISHING MAXI-
MUM RATES OF FINANCE CHARGES IN CREDIT TRANSACTIONS; BY
AUTHORIZING THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE
SYSTEM TO ISSUE REGULATIONS DEALING WITH THE EXCESSIVE USE
OF CREDIT FOR THE PURPOSE OF TRADING IN COMMODITY FUTURES
CONTRACTS AFFECTING CONSUMER PRICES; BY ESTABLISHING MA-
CHINERY FOR THE USE DURING PERIODS OF NATIONAL EMERGENCY
OF TEMPORARY CONTROLS OVER CREDIT TO PREVENT INFLATIONARY
SPIRALS; BY PROHIBITING THE GARNISHMENT OF WAGES; BY CRE-
ATING THE NATIONAL COMMISSION ON CONSUMER FINANCE TO STUDY
AND MAKE RECOMMENDATIONS ON THE NEED FOR FURTHER REGU-
LATION OF THE CONSUMER FINANCE INDUSTRY; AND FOR OTHER
PURPOSES

AND RELATED BILLS

PART 1

AUGUST 7, 8, 9, 10, 11, AND 14, 1967

Printed for the use of the Committee on Banking and Currency

83-340 O

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON: 1967

[merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][merged small][ocr errors][merged small]

CONTENTS

STATEMENTS

Abel, I. W., president, United Steelworkers of America, accompanied by
John J. Sheehan, legislative director__.
Barber, Stanley R., president, Independent Bankers Association of
America, accompanied by Howard Bell, executive director, and Horace
R. Hansen, counsel -

Barr, Hon. Joseph W., Under Secretary, Department of the Treasury-

Biemiller, Andrew J., director, Department of Legislation, AFL-CIO,

accompanied by Miss Anne Draper, economist, AFL-CIO..

Brownstein, Hon. Philip N., Assistant Secretary for Mortgage Credit, and

Federal Housing Commissioner, Department of Housing and Urban

Development.

749

798

448

Carstenson, Blue A., assistant legislative director, National Farmers
Union..

Countryman, Vern, professor of law, Harvard Law School--
DeShazor, Ashley D., vice president of credit, Montgomery Ward & Co.,
Inc., Chicago, Ill., accompanied by Joseph Garcia, credit manager,
Federated Department Stores, Cincinnati, Ohio, and Dr. James Wooley,
of Touche, Ross, Bailey & Smart, New York, N.Y...

Dixon, Hon. Paul Rand, Chairman, Federal Trade Commission

Douglas, Hon. Paul H., Chairman, National Commission on Urban Problems,

accompanied by Stanley D. Heckman__.

delman, John W., National Council of Senior Citizens, Inc., and William

R. Hutton, executive director_...

llis, Clyde T., general manager, National Rural Electric Cooperative
Association, Inc., accompanied by Mrs. Erma Angevine, Women's
Activities Coordinator for National Rural Electric Cooperative Associa-
tion, Inc....

arbstein, Hon. Leonard, a Representative in Congress from the 19th

Congressional District of the State of New York

urness, Hon. Betty, Special Assistant to the President for Consumer

Affairs

ray, Roger W., professor, Stanford University, California, accompanied
by Willis C. Theis, president, Board of Trade of Kansas City, Mo.;
William F. Brooks, on behalf of the National Grain Trade Council;
Maurice Mound, Esq., of Rein, Mound & Cotton, New York, N. Y.;
J. S. Chartrand, executive vice president, Kansas City Board of Trade;
F. Marion Rhodes, president, New York Cotton Exchange; Llewellyn
Watts, Jr., chairman of the board, New York Mercantile Exchange.
reathouse, Pat, vice president, United Automobile, Aerospace & Agricul-
tural Implement Workers of America, AFL-CIO, and for the Industrial
Union Department of the AFL-CIO, accompanied by Daniel S. Bedell,
legal representative; Paul Wagner, legal representative; and William
Dodds, deputy director, Legal Department, UAW.

718

208

462

602

803

« 이전계속 »