The Monetary Control Act was legislation that changed banking considerably in the early 1980s, and it represented the first significant reform in the banking industry since the Great Depression.

In response to the Supreme Court’s decision, Congress passed and President Jimmy Carter signed the Depository Institutions and Monetary Control Act of 1980, or DIDMCA, which allowed banks ...

Oregon caps the interest rate on short-term consumer loans at 36%, but some out-of-state lenders can charge more because of a federal law known as the Depository Institutions Deregulation and ...

The Oregon House of Representatives passed a bill on Feb. 27 aimed at protecting consumers from predatory lending practices by capping interest rates.

These events are highly reminiscent of a controversy that occurred in the 1970s, one that was only settled when Congress passed the Depository Institutions Deregulation and Monetary Control Act of ...

State banking regulators should think twice before putting their support behind the decision to opt out of interest-rate exportation rules, writes Danielle Fagre Arlowe. State banking regulators who ...

On top of that, in response to the Supreme Court’s decision, Congress passed, and President Jimmy Carter signed, the Depository Institutions and Monetary Control Act of 1980, which allowed banks ...

It starts with the Depository Institutions Deregulation and Monetary Control Act (DIDMCA). Enacted in 1980, this federal act allows state-chartered banks to offer interest rates to folks in other ...

Monetary policy seeks to control the economy by manipulating the money supply and interest rates. Fiscal policy is designed to achieve the same end using targeted taxes and spending. The Achilles ...