H.R. 1601 · 114th Congress
State Regulatory Representation Clarification Act of 2015
- Stage
- In committee
- Sponsor
- Frank Lucas
- Introduced
- 2015-03-25
- Latest action
- 2015-03-25 · Introduced in House
Summary
State Regulatory Representation Clarification Act of 2015
Amends the Federal Deposit Insurance Act, with respect to presidential appointees to the Board of Directors of the Federal Deposit Insurance Corporation, to replace the bank supervisory experience requirement with a requirement that one appointee shall have served as a state bank supervisor. (A state bank supervisor has primary regulatory authority over state banks or savings associations in the state.)