HR 3558 · 118th Congress · Finance and Financial Sector

Vice Chair of Supervision Banking Experience Requirement Act

Introduced 2023-05-22· Sponsored by Rep. Fitzgerald, Scott [R-WI-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2023-05-22)

Plain Language Summary

[AI summary unavailable — showing source text] Vice Chair of Supervision Banking Experience Requirement Act This bill establishes requirements for the Vice Chairman for Supervision of the Board of Governors of the Federal Reserve System. Specifically, an individual must have primary experience working in or supervising insured depository institutions, bank holding companies, or savings and loan holding companies. Additionally, any recommendations provided by the Vice Chairman to the board regarding regulation and supervision must be provided to the board before the recommendation is made public.…

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

Cosponsors (1)

1 Republican
Rep. Barr, Andy [R-KY-6]KY