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HR 6274 117th Congress House Finance and Financial Sector Advisory bodies Banking and financial institutions regulation Federal Deposit Insurance Corporation (FDIC)

FDIC Board Accountability Act

Introduced: December 14, 2021 See on congress.gov
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 14, 2021
Referred to the House Committee on Financial Services.
Dec 14, 2021
Introduced in House
 Plain-English summary Congressional Research Service

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.

What's happening now December 14, 2021

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1