Senate Bill 3601 - Financial Stability Oversight Council Improvement Act of 2024

Purpose and Summary

Chamber: Senate

Introduced date: 2024-01-17

Recent Activity

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Alternative Names

Financial Stability Oversight Council Improvement Act of 2024

Financial Stability Oversight Council Improvement Act of 2024

A bill to amend the Financial Stability Act of 2010 to require the Financial Stability Oversight Council to consider alternative approaches before determining that a U.S. nonbank financial company shall be supervised by the Board of Governors of the Federal Reserve System, and for other purposes.

Associated Legislation

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Policy Areas

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Potential Impact

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Sponsors and Supporters

Sen. Rounds, Mike [R-SD]

Cosponsors and Supporters

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Committees and Subcommittees

Banking, Housing, and Urban Affairs Committee

Variations and Revisions

Financial Stability Oversight Council Improvement Act of 2024

1/26/2024, 1:30 PM
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congress
118
Number
S - 3601
Introduced on
2024-01-17
# Amendments
0
Sponsors
+5

Variations and Revisions

1/17/2024
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Alternative Names
Official Title as IntroducedA bill to amend the Financial Stability Act of 2010 to require the Financial Stability Oversight Council to consider alternative approaches before determining that a U.S. nonbank financial company shall be supervised by the Board of Governors of the Federal Reserve System, and for other purposes.

Comments

Recent Activity

Latest Action1/17/2024
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.