HR 2396 · 118th Congress · Finance and Financial Sector

Social Media Bank Run Act

Introduced 2023-03-29· Sponsored by Rep. Torres, Ritchie [D-NY-15]· 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.(2023-03-29)

Plain Language Summary

[AI summary unavailable — showing source text] Social Media Bank Run Act This bill requires the Financial Stability Oversight Council to (1) monitor social media platforms for indications of potential bank runs or financial panics that could threaten the financial stability of the United States, and (2) report its findings to Congress. …

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