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 Home > News & Policies > February 2006

For Immediate Release
Office of the Press Secretary
February 15, 2006

President Signs H.R. 4636, the "Federal Deposit Insurance Reform Conforming Amendments Act of 2005"

On Wednesday, February 15, 2006, the President signed into law:

H.R. 4636, the "Federal Deposit Insurance Reform Conforming Amendments Act of 2005," which increases coverage for certain retirement accounts insured by the National Credit Union Administration and makes other technical and conforming amendments consistent with the deposit insurance reform provision of S. 1932, the Deficit Reduction Act of 2005.

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President George W. Bush is joined by legislators and the chairman of the Federal Deposit Insurance Corporation, Wednesday, Feb. 15, 2006 in the Oval Office, as he signs H.R. 4636- The Federal Deposit Insurance Reform Conforming Amendments Act of 2005. From left to right are U.S. Rep. Spencer Bachus, R-Ala., U.S. Sen. Tim Johnson, D-S.D., U.S. Sen Paul Sarbanes, D-Md., U.S. Sen. Richard Shelby, R-Ala., U.S. Rep. Mike Oxley, R-Ohio, U.S. Rep. Darlene Hooley, D-Ore., U.S. Sen. Mike Enzi, R-Wyo., and Martin Gruenberg, acting chairman of the Federal Deposit Insurance Corporation. White House photo by Kimberlee Hewitt