Summary: H.Con.Res.130 — 98th Congress (1983-1984)All Information (Except Text)

There is one summary for H.Con.Res.130. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (05/24/1983)

Expresses the sense of the Congress that: (1) restoration of a stable monetary system is necessary to assure economic growth and to maintain a liberal international economic system; (2) the Secretary of the Treasury should review his call for an international conference on the monetary system; (3) the International Monetary Fund should make use of its current assets and revise the conditions placed on its loans; (4) additional financial resources should be made available through bilateral arrangements; and (5) U.S. banks should be required to adjust the value of loans on which interest payments are not received and be allowed to increase deductible loss reserves in order to make such write-downs without endangering the banking system.