HR 1601 · 114th Congress · Finance and Financial Sector
State Regulatory Representation Clarification Act of 2015
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Financial Services.(2015-03-25)
Plain Language Summary
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State Regulatory Representation Clarification Act of 2015 Amends the Federal Deposit Insurance Act, with respect to presidential appointees to the Board of Directors of the Federal Deposit Insurance Corporation, to replace the bank supervisory experience requirement with a requirement that one appointee shall have served as a state bank supervisor. (A state bank supervisor has primary regulatory authority over state banks or savings associations in the state.)…
Summarized by Claude AI · Non-partisan · For informational purposes only