FHLBank System
Reforms Needed to Promote Its Safety, Soundness, and Effectiveness Gao ID: T-GGD-95-244 September 27, 1995In December 1993, GAO issued a report (GAO/GGD-94-38) on reforming the Federal Home Loan Bank System. Since then, several bills have been introduced that incorporated recommendations GAO made in that report. This testimony updates GAO's conclusions and recommendations on the Federal Home Loan Bank and System reform and comments on suggestions that others have made since GAO's report was issued.