mortgages. Reagan also eliminated numerous government positions and dismissed numerous federal employees, including the entire staff of the Employment and Training Administration. Secretary of the Interior James G. Watt implemented policies designed to open up federal territories to oil drilling and surface mining. Under EPA Director Anne Gorsuch, the EPA's budget was dramatically reduced and the EPA loosely enforced environmental regulations. Savings and loan crisis After the passage of the Garn–St. Germain Depository Institutions Act, savings and loans associations engaged in riskier activities, and the leaders of some institutions embezzled funds. In what became known as the Savings and loan crisis, a total of 747 financial institutions failed and needed to be rescued with $160 billion in taxpayer dollars. As an indication of this scandal's size, Martin Mayer wrote at the time, "The theft from the taxpayer by the community that fattened on the growth of the savings and loan (S&L) industry in the 1980s is the worst public scandal in American history...Measuring by money, [or] by the misallocation of national resources...the S&L outrage makes Teapot Dome and Credit Mobilier seem minor episodes." Immigration The 1980s saw the highest rate of immigration to the United States since the 1910s, and the proportion of the foreign-born population reached its highest level since the 1940s. Reagan did not make immigration a focus of his administration, but he came to support a package of reforms sponsored by Republican Senator Alan Simpson and Democratic Congressman Romano Mazzoli, which he signed into law as the Immigration Reform and Control Act in November 1986. The act made it illegal to knowingly hire or recruit illegal immigrants, required employers to attest to their employees' immigration status, and granted amnesty to approximately three million illegal immigrants who had entered the United States before January 1, 1982, and had lived in the country continuously. The bill was also contained provisions designed to enhance security measures at the Mexico–United States border. Upon signing the act at a ceremony held beside the newly refurbished Statue of Liberty, Reagan said, "The legalization provisions in this act will go far to improve the lives of a class of individuals who now must hide in the shadows, without access to many of the benefits of a free and open society. Very soon many of these men and women will be able to step into the sunlight and, ultimately, if they choose, they may become