H.R. 4757 · 115th Congress
Fully Informed District Bank Act
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Never voted on. It didn't reach a floor vote before the 115th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
No cosponsors.
This bill amends the Federal Reserve Act to modify the appointment processes for presidents and first vice presidents of Federal Reserve banks. Specifically, Class A directors (representatives of the banking industry) on a bank's board may vote on such appointments, as may, under current law, Class B and Class C directors (representatives of the public).
What it does: CRS summary · Introduced in House · Jan 10, 2018
Fully Informed District Bank Act
This bill amends the Federal Reserve Act to modify the appointment processes for presidents and first vice presidents of Federal Reserve banks. Specifically, Class A directors (representatives of the banking industry) on a bank's board may vote on such appointments, as may, under current law, Class B and Class C directors (representatives of the public).
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Fully Informed District Bank Act
Latest action (Jan 10, 2018): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jan 10, 2018
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.