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H.R. 1409

FDIC Board Accountability Act

FDIC Board Accountability Act

This bill revises provisions related to the board of directors of the Federal Deposit Insurance Corporation. Specifically, the bill removes the director of the Consumer Financial Protection Bureau from the board as a voting member and requires the appointment of an individual with demonstrated primary experience working in or supervising small depository institutions. Further, the bill limits the term length of a board member to twelve years.

Referred to the House Committee on Financial Services.

Rep. Luetkemeyer, Blaine [R-MO-3](R-MO)Sponsor
1 cosponsor1 R
1cosponsors1committees3actions
  1. IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  2. IntroReferralIntro-H

    Introduced in House

  3. IntroReferral1000

    Introduced in House

FDIC Board Accountability Act — Informed