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S. 603

Financial Stability Oversight Council Improvement Act of 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

Committee on Banking, Housing, and Urban Affairs. Hearings held.

Sen. Rounds, Mike [R-SD](R-SD)Sponsor
3 cosponsors2 D1 R
3cosponsors1committees4actions1related bills3subjects
  1. Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held.

    Banking, Housing, and Urban Affairs Committee
  2. Committee

    Committee on Banking, Housing, and Urban Affairs. Hearings held.

    Banking, Housing, and Urban Affairs Committee
  3. IntroReferral

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

    Banking, Housing, and Urban Affairs Committee
  4. IntroReferral10000

    Introduced in Senate

Financial Stability Oversight Council Improvement Act of 2019 — Informed