Bill115th CongressFiled Oct 11, 2018Finance and Financial Sector
S. 3577
Financial Stability Oversight Council Improvement Act of 2018
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Oct 11, 2018)
Financial Stability Oversight Council Improvement Act of 2018
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 just happenedOct 11, 2018
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
Sen. Rounds, Mike [R-SD](R-SD)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions3subjects
- Introduced in SenateOct 11, 2018
- Oct 11, 2018IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Oct 11, 2018IntroReferral10000
Introduced in Senate