Financial Industry Deregulation in the 1980s
The 1980s have been characterized as the decade of deregulation in the financial industry. Two major national legislative bills and numerous state proposals have been approved permitting banking activities that were previously disallowed . This special issue of Economic Perspectives looks a t the impact of legislative mandates for industry deregulation. More precisely, it reviews and evaluates issues directly addressed in the 1980 Depository Institutions Deregulation and Monetary Control Act (DIDMCA), and the 1982 Garn-St Germain Act.
