HR 4966 · 116th Congress · Finance and Financial Sector

GSIB Act of 2019

Introduced 2019-10-31· Sponsored by Rep. Pressley, Ayanna [D-MA-7]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2019-10-31)

Plain Language Summary

[AI summary unavailable — showing source text] Greater Supervision In Banking Act of 2019 or the GSIB Act of 2019 This bill requires certain large bank holding companies (also known as global systemically important banks) to annually report on, among other things, their size and complexity, enforcement and regulatory actions taken against them, capital market activity, employee compensation, and employee diversity. They must also testify annually before Congress.…

Summarized by Claude AI · Non-partisan · For informational purposes only