A bill to clarify membership requirements for the Board of Directors of the Federal Deposit Insurance Corporation.
State Regulatory Representation Clarification Act of 2017
This bill amends the Federal Deposit Insurance Act to require one presidential appointee to the Board of Directors of the Federal Deposit Insurance Corporation to have served as a state bank supervisor. (A state bank supervisor has primary regulatory authority over state banks or savings associations in the state.)
Referred to the House Committee on Financial Services.
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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