HR 5602 · 118th Congress · Finance and Financial Sector

Interest Rate Risk Reporting Act

Introduced 2023-09-20· Sponsored by Rep. Ogles, Andrew [R-TN-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2023-09-20)

Plain Language Summary

[AI summary unavailable — showing source text] Interest Rate Risk Reporting Act This bill requires the Board of Governors of the Federal Reserve System to address interest rate risk during semiannual hearings before Congress. The board must address the vulnerability of the U.S. financial system to interest rate risk and the exposure of assets held by the board and Federal Reserve banks.      …

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