FDIC Board Accountability Act
- Last Action
- 3/7/2023
Actions
- 2023-03-07Referred to the House Committee on Financial Services.
- 2023-03-07Introduced in House
- 2023-03-07Introduced in House
CRS Summary
As of 2023-03-07 (00)
FDIC Board Accountability Act
This bill revises provisions related to the board of directors of the Federal Deposit Insurance Corporation. Specifically, the bill removes the director of the Consumer Financial Protection Bureau from the board as a voting member and requires the appointment of an individual with demonstrated primary experience working in or supervising small depository institutions. Further, the bill limits the term length of a board member to twelve years.
Cosponsors (1)
- Mark Alford (R-MO)
Subjects
- Advisory bodies
- Banking and financial institutions regulation
- Federal Deposit Insurance Corporation (FDIC)
Sourced from Congress.gov (public domain).
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