Financial Stability Oversight Council Improvement Act of 2021
Summary
Financial Stability Oversight Council Improvement Act of 2021 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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jun 2021
Committee Review
Floor Vote
President
Introduced Jun 15, 2021
Last action Jun 15, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Jun 15, 2021
Committee
Referred to the House Committee on Financial Services.
lower
Jun 15, 2021
Introduced
Introduced in House
lower
1 primary · 3 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Bill Foster
DDemocratic
Co
Bill Huizenga
RRepublican
Co
Ed Perlmutter
DDemocratic
Co
Trey Hollingsworth
RRepublican
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