H.R. 4966 · 116th Congress
Greater Supervision In Banking Act of 2019
- Stage
- In committee
- Sponsor
- Ayanna Pressley
- Introduced
- 2019-10-31
- Latest action
- 2019-10-31 · Introduced in House
Summary
Greater Supervision In Banking Act of 2019 or the GSIB Act of 2019
This bill requires certain large bank holding companies (also known as global systemically important banks) to annually report on, among other things, their size and complexity, enforcement and regulatory actions taken against them, capital market activity, employee compensation, and employee diversity. They must also testify annually before Congress.