HR 4757 · 115th Congress · Finance and Financial Sector
Fully Informed District Bank Act
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Financial Services.(2018-01-10)
Plain Language Summary
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Fully Informed District Bank Act This bill amends the Federal Reserve Act to modify the appointment processes for presidents and first vice presidents of Federal Reserve banks. Specifically, Class A directors (representatives of the banking industry) on a bank's board may vote on such appointments, as may, under current law, Class B and Class C directors (representatives of the public).…
Summarized by Claude AI · Non-partisan · For informational purposes only