S. 583 · 118th Congress
FDIC Act of 2023
- Stage
- In committee
- Sponsor
- Marco Rubio
- Introduced
- 2023-03-01
- Latest action
- 2023-03-01 · Introduced in Senate
Summary
Financial Defense for Industrial Contractors Act of 2023 or the FDIC Act of 2023
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.