Sec. 14. report on mc fadden act
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## Sec. 14 report on mc fadden act **[**[12 U.S.C. 36](/us/usc/t12/s36) nt.**]** ###
(a)The President, in consultation with the Attorney General, the Secretary of the Treasury, the Board, the Comptroller, and the Federal Deposit Insurance Corporation, shall transmit a report to the Congress containing his recommendations concerning the applicability of the McFadden Act to the present financial, banking, and economic environment, including an analysis of the effects of any proposed amendment to such Act on the structure of the banking industry and on the financial and economic environment in general. ###
(b)The report required by subsection
(a)shall be transmitted to the Congress not later than one year after the date of enactment of this Act.5 5Such date of enactment was September 7, 1978.
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Sec. 14
report on mc fadden act
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