HR 7742 · 117th Congress · Finance and Financial Sector

Enhancing Financial Stability Research and Oversight Act

Introduced 2022-05-12· Sponsored by Rep. Foster, Bill [D-IL-11]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2022-05-12)

Plain Language Summary

[AI summary unavailable — showing source text] Enhancing Financial Stability Research and Oversight Act This bill gives the Director of the Office of Financial Research (OFR) within the Department of the Treasury sole discretion over the OFR's annual budget. It also establishes minimum funding and staffing levels for the OFR and for the Financial Stability Oversight Council.…

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