H.R. 4387 · 113th Congress
FSOC Transparency and Accountability Act
Key: what the circles and colors mean
Each circle is a bill. The ring fills as it moves through Congress:
Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.
Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.
Never voted on. It didn't reach a floor vote before the 113th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
GarrettSponsor13 cosponsors · 1 D, 12 R
R
Pittenger
AW
R
Wagner
TC
R
Cotton
RH
R
Hultgren
SS
R
Stivers
LW
R
Westmoreland
SB
R
Bachus
MM
R
Mulvaney
DR
R
Ross
SF
R
Fincher
KR
R
Rothfus
RH
R
Hurt
GP
D
Peters0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
FSOC Transparency and Accountability Act - Amends the Financial Stability Act of 2010 to repeal the nonapplicability of the Federal Advisory Committee Act (FACA) to the Financial Stability Oversight Council (thus applying FACA to the Council).
What it does: CRS summary · Introduced in House · Apr 3, 2014
FSOC Transparency and Accountability Act - Amends the Financial Stability Act of 2010 to repeal the nonapplicability of the Federal Advisory Committee Act (FACA) to the Financial Stability Oversight Council (thus applying FACA to the Council).
Declares the Council an agency for purposes of the "Government in the Sunshine Act" (and its open meeting requirements).
Revises the voting profile of Council members to single out the following member agencies as each having collectively one vote: (1) the Board of Governors of the Federal Reserve System, (2) the Securities and Exchange Commission (SEC), (3) the Federal Deposit Insurance Corporation (FDIC), (4) the Commodity Futures Trading Commission (CFTC), and (5) the National Credit Union Administration (NCUA) Board.
Directs such member agencies to: (1) determine their Council vote by using the voting process normally applicable to votes by their members, and (2) cast the one collective Council vote by the agency head.
Permits any Council member to select to have one or more individuals on the member's staff attend a meeting of the Council, including any meeting of representatives of the member agencies other than the members themselves.
Requires all Council meetings to be open to attendance and participation by members of specified congressional committees, including any meeting of representatives of the member agencies other than the members themselves.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: FSOC Transparency and Accountability Act
Latest action (Jun 20, 2014): Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 27.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Apr 3, 2014
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.