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It stands for the Depository Institutions Deregulation and Monetary Control Act

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It stands for the Depository Institutions Deregulation and Monetary Control Act

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The Depository Institutions Deregulation and Monetary Control Act ( DIDMCA) of 1980.

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The Depository Institutions Deregulation and Monetary Control Act of 1980, signed into law by President Jimmy Carter, was the first major reform of the U.S. banking system since the Great Depression.

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ceilings on savings and time deposits.

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including the airlines (Airline Deregulation Act of 1978), natural gas (Natural Gas Policy Act of 1978), trucking (Motor Carrier Act of 1980), and banking (Depository Institutions Deregulation and Monetary Control Act of 1980).

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