Republican (fascist/socialist) de facto President Ford (25th amendment) signs the Home Mortgage Disclosure Act of 1975, requiring commercial banks and other financial institutions to collect and disclose information to Federal regulators concerning their home lending practices. Ford signs this act despite having “some reservations” about it.
Question: Would a constitutionalist president like Monroe, Tyler, or Cleveland sign legislation that they had reservations about— especially whether or not it was constitutional?
[restored 11/17/2022] Thanks to Chuck McGlawn for this entry.
Subsequent Events:
Authority:
“Law of the Jungle”
ccc-2point0.com/preface
References:
Gerald R. Ford – Statement on Signing a Bill Concerning Financial Institutions, the National Commission on Electronic Fund Transfers, and Home Mortgage Disclosure.
www.presidency.ucsb.edu/ws/index.php?pid=5799&st=&st1=
A History of the Panic of 2008
www.freedomworks.org/uploads/crisis.pdf
Home Mortgage Disclosure Act – Wikipedia, the free encyclopedia
en.wikipedia.org/wiki/Home_Mortgage_Disclosure_Act
FDIC Law, Regulations, Related Acts – Consumer Protection
www.fdic.gov/regulations/laws/rules/6/500-3030.html#6/500hmda1975
Current U.s. National Debt:
