H.J.Res. 120 · 118th Congress
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted…
Full title
Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Stability Oversight Council related to "Guidance on Nonbank Financial Company Determinations".
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Never voted on. It didn't reach a floor vote before the 118th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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HillSponsor10 cosponsors · 10 R
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Barr
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Donalds
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Fitzgerald
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Huizenga
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Houchin
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Luetkemeyer
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Meuser
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Ogles
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Wagner
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Williams0 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
This joint resolution nullifies the guidance issued by the Financial Stability Oversight Council titled Guidance on Nonbank Financial Company Determinations and published on November 17, 2023.
What it does: CRS summary · Introduced in House · Mar 22, 2024
This joint resolution nullifies the guidance issued by the Financial Stability Oversight Council titled Guidance on Nonbank Financial Company Determinations and published on November 17, 2023. The guidance revises council procedures for considering whether a nonbank financial company must be supervised by the Federal Reserve and subject to enhanced prudential standards.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Stability Oversight Council related to "Guidance on Nonbank Financial Company Determinations".
Latest action (Dec 3, 2024): Placed on the Union Calendar, Calendar No. 653.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Mar 22, 2024
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.