Financial Stability Oversight Council Improvement Act of 2021
Latest action · Jun 15, 2021 Referred to the House Committee on Financial Services.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJun 15, 2021
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
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.
Cosponsors 3
Members who signed on, in the order they did. All signed on Jun 15, 2021.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-MI | Bill Huizenga | Original | Jun 15, 2021 |
| D-CO | Ed Perlmutter | Original | Jun 15, 2021 |
| R-IN | Trey Hollingsworth | Original | Jun 15, 2021 |
Actions 2
Everything that happened, newest first.
- Jun 15, 2021Introduced in House
- Jun 15, 2021Referred to the House Committee on Financial Services.
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Jun 15, 2021Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.