To amend the Federal Deposit Insurance Act to prevent conflicts of interest by establishing post-employment limitations on bank examiners-in-charge, and for other purposes.
Close the Bank Examiner Revolving Door Act - Amends the Federal Deposit Insurance Act to prohibit certain former Federal bank examiners and other banking supervisory personnel from holding office, position, or employment at a depository institution during the one-year period following cessation of their Federal service.
Mandates forfeiture of Federal retirement and other benefits for violations of this Act.
Requires the head of any Federal banking agency to report such a violation to the Director of the Office of Personnel Management.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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