GSIB Act of 2024

Hozzl · 2024-10-17T15:09:27Z

Explore the details of House Bill 9848 GSIB Act of 2024 currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

10/17/2024, 3:09 PM

Summary of Bill HR 9848

The "GSIB Act of 2024" was introduced in the 118th Congress on September 25, 2024. The bill, designated as H.R. 9848, aims to address issues related to global systemically important banks (GSIBs). Specific provisions and directives within the bill are not directly outlined in the provided context, but it focuses on regulatory measures and policies concerning GSIBs. For further details and the full text of the bill, the official PDF version can be accessed at the following link: https://www.congress.gov/118/bills/hr9848/BILLS-118hr9848ih.pdf.

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Current Status of Bill HR 9848

Bill HR 9848 is currently in the status of Bill Introduced since September 25, 2024. Bill HR 9848 was introduced during Congress 118 and was introduced to the House on September 25, 2024. Bill HR 9848's most recent activity was Referred to the House Committee on Financial Services. as of September 25, 2024

Bipartisan Support of Bill HR 9848

Total Number of Sponsors

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

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Policy Area and Potential Impact of Bill HR 9848

Primary Policy Focus

Finance and Financial Sector

Alternate Title(s) of Bill HR 9848

GSIB Act of 2024

Greater Supervision In Banking Act of 2024

To require the global systemically important bank holding companies to provide annual reports to the Board of Governors of the Federal Reserve System, and for other purposes.

Comments

Musa McGee

696

1 year ago

What does this mean?

Arianna Browning

674

1 year ago

This bill is gonna shake things up for sure. It's about time we see some real change happening. I'm all for it and can't wait to see how it benefits us hardworking Americans in the long run.