S 603
116th Congress
Senate
Finance and Financial Sector
Banking and financial institutions regulation
Federal Reserve System
Financial Stability Oversight Council
Financial Stability Oversight Council Improvement Act of 2019
Introduced: February 28, 2019
Introduced by:
Rounds, Mike
Republican
· South Dakota
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 27, 2019
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-92.
Mar 14, 2019
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-23.
Feb 28, 2019
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb 28, 2019
Introduced in Senate
Plain-English summary
Financial Stability Oversight Council Improvement Act of 2019
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
What's happening now
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-92.
Committees of jurisdiction
1
Cosponsors
1