118th Congress Finance and Financial Sector
H.J.Res. 120: Disapproval of Financial Stability Oversight Council rule: Guidance on Nonbank Financial Company Determinations
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Stability Oversight Council related to "Guidance on Nonbank Financial Company Determinations".
Reported
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This joint resolution nullifies the guidance issued by the Financial Stability Oversight Council titled Guidance on Nonbank Financial Company Determinations and published on November 17, 2023. The guidance revises council procedures for considering whether a nonbank financial company must be supervised by the Federal Reserve and subject to enhanced prudential standards.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Garland Barr R-KY
- Byron Donalds R-FL
- Scott Fitzgerald R-WI
- Bill Huizenga R-MI
- Erin Houchin R-IN
- Blaine Luetkemeyer R-MO
- Daniel Meuser R-PA
- Andrew Ogles R-TN
- Ann Wagner R-MO
- Roger Williams R-TX
Who scored on this bill
- 1J. Hill SponsorIntroduced, marked up, reported3 events+32
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by J. Hill
History
- Introduced in the House by J. Hill.
Show the full action history (6 actions)
- Reported by the Committee on Financial Services. H. Rept. 118-790.
- Placed on the Union Calendar, Calendar No. 653.
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported by the Yeas and Nays: 28 - 22.
- Introduced in House
- Referred to the House Committee on Financial Services.