HOUSE 3812118th CongressReferred to the House Committee on Financial Services.
Financial Stability Oversight Council Improvement Act of 2023
- Last Action
- 6/5/2023
Actions
- 2023-06-05Referred to the House Committee on Financial Services.
- 2023-06-05Introduced in House
- 2023-06-05Introduced in House
CRS Summary
As of 2023-06-05 (00)
Financial Stability Oversight Council Improvement Act of 2023
The bill requires the Financial Stability Oversight Council, prior to determining that a U.S. nonbank financial company shall be supervised by the Federal Reserve Board and therefore subject to certain prudential standards, to first determine that certain alternative actions would not mitigate the threat the company may pose to U.S. financial stability.
Cosponsors (2)
- Bill Huizenga (R-MI)
- Josh Gottheimer (D-NJ)
Subjects
- Congressional oversight
- Financial crises and stabilization
- Financial services and investments
Sourced from Congress.gov (public domain).
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