HR 3558 United States House · 118th Congress

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