Harry S. Truman
A decade later, President Harry Truman created the Hoover Commission, which went in the opposite direction of Roosevelt's plan. The commission included multiple task force recommendations, including one to transfer the FDIC to the Fed, another to transfer the OCC to the Fed and a third that would have transferred both to the Fed. Ultimately, the commission recommended that the FDIC become a part of the Treasury Department.
John F. Kennedy
In 1961, the Commission on Money and Credit proposed folding the OCC into the Fed. But a year later, the Advisory Committee on Banking to the Comptroller of the Currency sought to eliminate the Fed's direct power over banks and make the FDIC a part of the Treasury Department. The Comptroller Committee also called for transferring the Fed's authority to set margin requirements and deposit interest rates to the Treasury. By 1965, House Banking Committee Chairman Wright Patman took that idea one step further, calling for consolidation of all federal banking regulators under Treasury.
The Hunt Commission, formed by President Nixon, returned to the idea of taking the Fed out of bank regulation. But in an interesting twist, it called for the creation of three new independent agencies. It would have removed the OCC from its current position under Treasury to form the National Bank Administrator. The Administrator of State Banks, meanwhile, would have assumed the supervisory functions of the FDIC and Fed, while the Federal Deposit Guarantee Administration would have merged the FDIC, National Credit Union Administration and the Federal Savings and Loan Insurance Corp.