H.R. 2396 · 118th Congress
Social Media Bank Run Act
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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.
D
TorresSponsorNo cosponsors.
This bill requires the Financial Stability Oversight Council to (1) monitor social media platforms for indications of potential bank runs or financial panics that could threaten the financial stability of the United States, and (2) report its findings to Congress.
What it does: CRS summary · Introduced in House · Mar 29, 2023
Social Media Bank Run Act
This bill requires the Financial Stability Oversight Council to (1) monitor social media platforms for indications of potential bank runs or financial panics that could threaten the financial stability of the United States, and (2) report its findings to Congress.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Social Media Bank Run Act
Latest action (Mar 29, 2023): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Mar 29, 2023
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.