H.R.3561: Financial Stability Oversight Council Improvement Act of 2019

About This Bill

Bill Sponsor

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Bill Summary

Financial Stability Oversight Council Improvement Act of 2019 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

(Source: Library of Congress)

Bill Actions

Date Description
June 27, 2019
Referred to the House Committee on Financial Services.
June 27, 2019

Introduced in the House by Bill Foster (D-Ill.)

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