1、Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS Web98-60 EUpdated August 10, 1998Banking and Finance: Legislative Initiatives in the105th Congress, Second SessionGary ShorterSpecialist in Business and Government RelationsEconomics DivisionF. Jean
2、 WellsSpecialist in Economic PolicyEconomics DivisionSummaryThis report reviews major banking and finance issues that are receivingcongressional attention in the 2nd session of the 105th Congress. It will be updatedperiodically to reflect legislative developments. Relevant CRS products are reference
3、d;congressional offices may order these by calling (202) 707-1732. The contents ofspecific bills, legislative histories and current status are available on the LegislativeInformation System (LIS) at http:/www.congress.gov.OverviewFinancial services available to the public are changing significantly
4、as are theinstitutions providing such services. Changes reflect marketplace adaptation totechnological advances and rising global markets. Court and regulatory decisions are alsoaffecting competing components of the financial services industry. These developmentschallenge existing laws defining inst
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