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FEDERALhearing transcript
High Impact

Senate Hearing on the Competition in Banking Act of 1980

Original title: Competition in Banking Act of 1980: hearing before the Committee on Banking, Housing, and Urban Affairs, United States Senate, Ninety-sixth Congress, second session, on S. 39 ... S. 380 ... H.R. 2255 ... July 1, 1980.

July 20, 2026

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The Frame

What this does

The served as a legislative step toward the passage of the Depository Institutions Deregulation and Monetary Control Act of 1980, which fundamentally changed interest rate caps and banking competition rules for all U.S. financial institutions.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Banking institutions

The proposed legislation under discussion aimed to alter the regulatory environment and competitive landscape for banks.

Financial consumers

Changes to banking competition laws impact interest rates and the availability of financial services for the public.

What changed

Last recorded activity July 20, 2026.

What's next

Next step not available in the current record.

Summary

This document is a record of a July 1, 1980, Senate Committee regarding proposed banking legislation. The committee discussed multiple bills, including S. 39, S. 380, and H.R. 2255, aimed at reforming banking competition and regulations.

Key Facts

  • The Senate Committee on Banking, Housing, and Urban Affairs held a hearing on July 1, 1980.
  • The hearing focused on the 'Competition in Banking Act of 1980'.
  • The committee reviewed three specific legislative items: S. 39, S. 380, and H.R. 2255.
  • The session was part of the Ninety-sixth Congress, second session.

Why It Matters

The served as a legislative step toward the passage of the Depository Institutions Deregulation and Monetary Control Act of 1980, which fundamentally changed interest rate caps and banking competition rules for all U.S. financial institutions.

Frequently Asked Questions

What was the purpose of this hearing?
The was held to discuss and gather information regarding proposed banking legislation, specifically the Competition in Banking Act of 1980.
Which bills were discussed?
The committee discussed S. 39, S. 380, and H.R. 2255.

News Coverage

No news coverage found yet. Articles are indexed twice daily.

Discoveries

Patterns POLISCOPE noticed across the record. These are observations to investigate, not conclusions.

policy shift90% confidence

Banking Deregulation Era

The hearing marks the legislative push toward the 1980s trend of financial deregulation.

Connected Entities

organizationCommittee on Banking, Housing, and Urban AffairsThe Senate committee responsible for conducting the hearing.Map →

Sources

Open source document

www.govinfo.gov

Analysis Score

0–100
  • Significance80
    How much this matters to a regular citizen
  • Controversy40
    Intensity of disagreement among stakeholders
  • Entertainment10
    Compellingness for a non-policy-wonk reader
  • Buzz5
    Current news / social attention level

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