H.R. 4757 · 115th Congress
Fully Informed District Bank Act
- Stage
- In committee
- Sponsor
- Robert Pittenger
- Introduced
- 2018-01-10
- Latest action
- 2018-01-10 · Introduced in House
Summary
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).