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Politiparty

118th Congress Finance and Financial Sector

H.R. 1409: FDIC Board Accountability Act

Introduced

  1. Introduced (completed)Mar 7, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Mar 7, 2023

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.

Written by the Congressional Research Service, Library of Congress.

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Amendments

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Cosponsors

1

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Other bills by Blaine Luetkemeyer

History

  1. Mar 7, 2023Introduced in the House by Blaine Luetkemeyer.
Show the full action history (2 actions)
  1. Mar 7, 2023Introduced in House
  2. Mar 7, 2023Referred to the House Committee on Financial Services.