Financial Stability Oversight Council Improvement Act of 2019

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 116th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

D FosterSponsor

37 cosponsors · 19 D, 18 R

3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Financial Stability Oversight Council Improvement Act of 2019

What it does: CRS summary · Introduced in House · Jun 27, 2019

Financial Stability Oversight Council Improvement Act of 2019

The bill requires the Financial Stability Oversight Council, prior to determining that a U.S. nonbank financial company shall be supervised by the Federal Reserve Board and therefore subject to certain prudential standards, to first determine that certain alternative actions would not mitigate the threat the company may pose to U.S. financial stability

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Financial Stability Oversight Council Improvement Act of 2019

Latest action (Jun 27, 2019): Referred to the House Committee on Financial Services.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Jun 27, 2019

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.