Worried about year 2000 computer problems, the Senate voted Friday to give federal regulators of thrifts and credit unions new authority to monitor their computer vendors and those helping them deal with the headache.
The Senate's action, coming on a voice vote, sent the legislation to President Clinton for his signature. The House unanimously approved the bill last week.Supporters say it will put the S&L and credit-union regulators on an equal footing with bank regulatory agencies such as the Federal Reserve, the Comptroller of the Currency and the Federal Deposit Insurance Corp.