Bill116th CongressFiled Jun 27, 2019Finance and Financial Sector
H.R. 3561
Financial Stability Oversight Council Improvement Act of 2019
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Jun 27, 2019)
Financial Stability Oversight Council Improvement Act of 2019
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 happenedJun 27, 2019
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Foster, Bill [D-IL-11](D-IL)Sponsor
37 cosponsors19 D18 R
37cosponsors1committees3actions1related bills3subjects
- Introduced in HouseJun 27, 2019
- Jun 27, 2019IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Jun 27, 2019IntroReferralIntro-H
Introduced in House
- Jun 27, 2019IntroReferral1000
Introduced in House