President's Private Sector Survey on Cost Control: Report on Boards/Commissions - Banking and Investment

摘要

The report represents the results of the Boards/Commissions-Banking Task Force of the President's Private Sector Survey on Cost Control in the Federal Government. The Report on Boards/Commissions-Banking contains major recommendations which, when fully implemented, could result in three-year cost savings of $9,399 million and three-year cash acceleration of $554 million. It should be noted, however, that some of the recommendations may require several years for the savings and revenue to be realized. While all facets of Banking could not be surveyed in the time allotted, areas selected for review were considered to offer significant potential for cost control and improved efficiency.