HR 3812
118th Congress
House
Finance and Financial Sector
Congressional oversight
Financial crises and stabilization
Financial services and investments
Financial Stability Oversight Council Improvement Act of 2023
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 5, 2023
Referred to the House Committee on Financial Services.
Jun 5, 2023
Introduced in House
Plain-English summary
Financial Stability Oversight Council Improvement Act of 2023
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
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1