H.R. 3558 · 118th Congress
Vice Chair of Supervision Banking Experience Requirement Act
- Stage
- In committee
- Sponsor
- Scott Fitzgerald
- Introduced
- 2023-05-22
- Latest action
- 2023-05-22 · Introduced in House
Summary
Vice Chair of Supervision Banking Experience Requirement Act
This bill establishes requirements for the Vice Chairman for Supervision of the Board of Governors of the Federal Reserve System. Specifically, an individual must have primary experience working in or supervising insured depository institutions, bank holding companies, or savings and loan holding companies. Additionally, any recommendations provided by the Vice Chairman to the board regarding regulation and supervision must be provided to the board before the recommendation is made public.