H.R. 5097 · 108th Congress
Close the Bank Examiner Revolving Door Act
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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
GutiérrezSponsor1 cosponsor · 1 R
1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Close the Bank Examiner Revolving Door Act - Amends the Federal Deposit Insurance Act to prohibit certain former Federal bank examiners and other banking supervisory personnel from holding office, position, or employment at a depository institution during the one-year period following cessation of their Federal service.
What it does: CRS summary · Introduced in House · Sep 15, 2004
Close the Bank Examiner Revolving Door Act - Amends the Federal Deposit Insurance Act to prohibit certain former Federal bank examiners and other banking supervisory personnel from holding office, position, or employment at a depository institution during the one-year period following cessation of their Federal service.
Mandates forfeiture of Federal retirement and other benefits for violations of this Act.
Requires the head of any Federal banking agency to report such a violation to the Director of the Office of Personnel Management.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Close the Bank Examiner Revolving Door Act
Latest action (Oct 7, 2004): Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Sep 15, 2004
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.