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HR 3465 118th Congress House Finance and Financial Sector

To enhance Federal Deposit Insurance Corporation transparency.

Introduced: May 18, 2023 Introduced by: Barr, Andy Republican · Kentucky See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 18, 2023
Referred to the House Committee on Financial Services.
May 18, 2023
Introduced in House
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 Plain-English summary Congressional Research Service

This bill requires additional notice and reporting by agencies when providing assistance to an insured depository institution. First, the Federal Deposit Insurance Corporation (FDIC) must notify the appropriate congressional committees prior to taking action or providing assistance for the purpose of winding up an institution in receivership that presents the risk for serious adverse effects on economic conditions or financial stability. The bill also revises the basis for determining the least costly approach to satisfy the FDIC's obligations to depositors.

The Department of the Treasury must preserve specified information that documents a determination of an institution's potential to cause serious adverse effects on economic conditions or financial stability.

The Board of Directors of the FDIC, Treasury, and Board of Governors of the Federal Reserve System must report to the appropriate congressional committees additional information on emergency determinations.

What's happening now May 18, 2023

Referred to the House Committee on Financial Services.

 Related & companion bills 1
  • HR 3556 Related bill Increasing Financial Regulatory Accountability and Transparency Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1
R
Loudermilk, Barry
Georgia · May 18, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3465: To enhance Federal Deposit Insurance Corporation transparency.. 118th Congress. Open America. https://openamerica.io/bill/118-HR-3465/
MLA
"H.R. 3465: To enhance Federal Deposit Insurance Corporation transparency.." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-3465/.
Bluebook (legal)
H.R. 3465, 118th Cong. (2026), https://openamerica.io/bill/118-HR-3465/.
Markdown link
[H.R. 3465: To enhance Federal Deposit Insurance Corporation transparency.](https://openamerica.io/bill/118-HR-3465/)
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