yourstate.us
12 U.S.C. § 2281

Congressional findings and declaration of purpose

United States · Title 12 — BANKS AND BANKING · Status: effective

Get this as JSONEmbed this
Cite this
Citation
12 U.S.C. § 2281, Congressional findings and declaration of purpose, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/438361
Permanent ID
ys:prov:438361@1
SHA-256
05d3baf64c8d38d93b9c46cbd6c5fa788e4259c27ce7464e3284b4ae76c2cd63

The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.

Full text

The Congress finds that demands for funds through Federal and federally assisted borrowing programs are increasing faster than the total supply of credit and that such borrowings are not adequately coordinated with overall Federal fiscal and debt management policies. The purpose of this chapter is to assure coordination of these programs with the overall economic and fiscal policies of the Government, to reduce the cost of Federal and federally assisted borrowings from the public, and to assure that such borrowings are financed in a manner least disruptive of private financial markets and institutions.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.

  • Enacted byPub. L. 93-224(H.R. 5874)1973-12-29
    Federal Financing Bank Act of 1973
    House: no recorded tallySenate: no recorded tally