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HR 2396 118th Congress House Finance and Financial Sector

Social Media Bank Run Act

Introduced: March 29, 2023 Introduced by: Torres, Ritchie Democratic · New York See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 29, 2023
Referred to the House Committee on Financial Services.
Mar 29, 2023
Introduced in House
 Plain-English summary Congressional Research Service

Social Media Bank Run Act

This bill requires the Financial Stability Oversight Council to (1) monitor social media platforms for indications of potential bank runs or financial panics that could threaten the financial stability of the United States, and (2) report its findings to Congress. 

What's happening now March 29, 2023

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1