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Department of Housing and Urban Development, Executive (1 - 1 of 1 item)
Regulatory Agencies: Administrative Expenses at FHLBB and FRB for 1985 and 1986
AFMD-88-33: Published: Jun 15, 1988. Publicly Released: Jun 22, 1988.
In response to a congressional request, GAO reviewed the Federal Home Loan Bank Board (FHLBB) and the Federal Reserve Board (FRB) to determine: (1) the policies and procedures governing their administrative expenses and their compliance with them; (2) applicable laws and regulations; and (3) their budget and related disclosure processes.GAO found that FHLBB: (1) illegally augmented its budget auth...