HOUSE 3899117th CongressReferred to the House Committee on Financial Services.
Financial Stability Oversight Council Improvement Act of 2021
- Last Action
- 6/15/2021
Actions
- 2021-06-15Referred to the House Committee on Financial Services.
- 2021-06-15Introduced in House
- 2021-06-15Introduced in House
CRS Summary
As of 2021-06-15 (00)
Financial Stability Oversight Council Improvement Act of 2021
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 (3)
- Ed Perlmutter (D-CO)
- Trey Hollingsworth (R-IN)
- Bill Huizenga (R-MI)
Sourced from Congress.gov (public domain).
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