H.R.3976: Financial Regulator Independence Protection Act

About This Bill

Bill Summary

Financial Regulator Independence Protection Act - Amends the Federal Credit Union Act and the Federal Deposit Insurance Act with respect to the terms of office of the National Credit Union Administration Board and the Board of Directors of the Federal Deposit Insurance Corporation (FDIC), respectively, to provide that each member shall: (1) serve a six-year term of office unless removed for cause by the President; and (2) continue to serve...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Banking and Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Aug. 2, 1996

Introduced in the House by Spencer Bachus (R-Ala.)

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