President Gerald Ford

Federal Election Commission Begins Operations, Institutionalizing Corporate PAC Framework

1975-04-14 00:00:00 +0000 UTC | Importance: 8/10

The Federal Election Commission (FEC) commences operations with six commissioners appointed by President Gerald Ford, establishing the regulatory framework that will institutionalize and legitimize the explosion of corporate political action committees following the 1974 FECA amendments. Created as …

Federal Election Commission (FEC) President Gerald Ford fec corporate-pacs campaign-finance regulatory-framework feca

Equal Credit Opportunity Act and RESPA Pass After Industry Lobbying Weakens Enforcement

1974-10-28 00:00:00 +0000 UTC | Importance: 7/10

Congress passes two major housing consumer protection laws in 1974: the Equal Credit Opportunity Act (ECOA) prohibiting discrimination in lending based on sex and marital status (race added in 1976), and the Real Estate Settlement Procedures Act (RESPA) requiring disclosure of closing costs. …

U.S. Congress President Gerald Ford American Bankers Association Mortgage Bankers Association Federal Reserve fair-lending consumer-protection housing-policy industry-lobbying housing