HR 4737 · 118th Congress · Finance and Financial Sector
Stop Executive Capture of Banking Regulators Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Financial Services.(2023-07-19)
Plain Language Summary
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Stop Executive Capture of Banking Regulators Act This bill requires banking and financial regulatory entities to report to Congress prior to implementing a non-binding recommendation from the Financial Stability Oversight Council or contained in an Executive Order. This requirement applies to the Board Of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Federal Housing Finance Administration. …
Summarized by Claude AI · Non-partisan · For informational purposes only