S. 3298 · 116th Congress

FDIC Act

Stage
In committee
Introduced
2020-02-13
Latest action
2020-02-13 · Introduced in Senate

Summary

Financial Defense for Industrial Contractors Act or the FDIC Act

This bill requires the Federal Deposit Insurance Corporation to begin proceedings for terminating the insured status of large depository institutions that deny banking services to federal contractors that otherwise qualify for such services.