NC H391

Urges Congress to restore the Glass-Steagall Act by passing HR 381 and S 1709 to separate investment and commercial banking, citing the law's 66-year history of preventing banking crises before its repeal.

Calls for establishment of a National Infrastructure Bank with at least $1-3 trillion in federally backed funding to finance modern infrastructure including high-speed rail, power systems, water projects, and coastal seawall systems.

Requests federal credit system funding for a 200 mph high-speed rail system on the East Coast and inland flood control projects in the Carolinas modeled after the Tennessee Valley Authority.

Proposes a Kennedy-style space exploration initiative and crash program to develop fusion power technology to address national energy needs.

Directs the Secretary of State to transmit copies of the resolution to the President, Congress, and North Carolina's congressional delegation.