The document is from A.L. Warren, Secretary to Congressman George B. Schwabe, responding to a letter from Mr. Fred C. Hopkins regarding Regulation W. Warren explains that the regulation has been revised, eliminating controls on single payment loans and reducing the list of regulated items. He promises to send Hopkins a copy of the new revision and list of regulated items once received. Warren also mentions that Congressman Schwabe will address the issue upon his return to Washington and assures Hopkins that the Congressman will take action in the best interest of his constituents. Hopkins had also written about his concerns regarding the Federal Reserve Board and Regulation W, expressing his belief that the regulation is unfair and harmful to consumers. Hopkins gives an example of a situation where he lost business due to the regulation. He urges for a change in the regulation and asks for support from Congressman Schwabe.

Click on the image to view full PDF.

Concerns Regarding Regulation W: A Letter to Congressman Schwabe

Identifier:
CAC_CC_047_1_3_13_0004
Contributing Institution:
Carl Albert Congressional Research and Studies Center, University of Oklahoma, Norman, OK
Title:
Concerns Regarding Regulation W: A Letter to Congressman Schwabe
Date Created:
1946-11-20
EDTF:
1946-11-20
Creator:
unknown
Rights:
http://rightsstatements.org/vocab/NKC/1.0/
Language:
eng
Record Type:
correspondence
Collection:
George B. Schwabe Collection
Collection Finding Aid:
https://arc.libraryhost.com/repositories/3/resources/37
Description:
The document is from A.L. Warren, Secretary to Congressman George B. Schwabe, responding to a letter from Mr. Fred C. Hopkins regarding Regulation W. Warren explains that the regulation has been revised, eliminating controls on single payment loans and reducing the list of regulated items. He promises to send Hopkins a copy of the new revision and list of regulated items once received. Warren also mentions that Congressman Schwabe will address the issue upon his return to Washington and assures Hopkins that the Congressman will take action in the best interest of his constituents. Hopkins had also written about his concerns regarding the Federal Reserve Board and Regulation W, expressing his belief that the regulation is unfair and harmful to consumers. Hopkins gives an example of a situation where he lost business due to the regulation. He urges for a change in the regulation and asks for support from Congressman Schwabe.
Names:
Cherokee Nation
Topic:
Banks and banking--United States
Congress:
79th (1945-1947)
Physical Location:
CAC_CC_47_1_3_13_0000, Box, 3, 13, University of Oklahoma, Carl Albert Center Archives, Norman, OK, Standard Shelving
Location Represented:
Oklahoma (state), United States (nation)
Type:
Text
Extent:
3 Pages