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- S.603
S.603: Financial Stability Oversight Council Improvement Act of 2019
About This Bill
- Introduced Feb. 28, 2019
- Latest Major Action March 27, 2019
- See the two similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
3 (2 Democrats, 1 Republican)
Bill Version
- Introduced in Senate - Feb. 28, 2019
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 |
---|---|
March 27, 2019 |
Committee on Banking, Housing, and Urban Affairs. Hearings held.
|
March 14, 2019 |
Committee on Banking, Housing, and Urban Affairs. Hearings held.
|
Feb. 28, 2019 |
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
Feb. 28, 2019 |
Introduced in the Senate by Mike Rounds (R-S.D.) |