Vice Chair of Supervision Banking Experience Requirement Act
This bill requires the President to appoint a Vice Chair of Supervision with direct experience in banking. Specifically, it mandates that the appointee must have "demonstrated primary experience working in, or supervising, insured depository institutions, bank holding companies, or savings and loan holding companies." The bill amends the Federal Reserve Act to add this qualification standard for the position. It applies only to appointments made on or after the bill's enactment date.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2023
Committee Review
Floor Vote
President
Introduced May 22, 2023
Last action May 22, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
May 22, 2023
Committee
Referred to the House Committee on Financial Services.
lower
May 22, 2023
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor
Sponsors
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