To amend the Federal Reserve Act to remove the designation of one of the members of the Board of Governors of the Federal Reserve System as the "Vice Chairman for Supervision", and for other purposes.
Supervision Reform Act of 2023
This bill eliminates the designation of Vice Chairman for Supervision from the Board of Governors of the Federal Reserve System. Currently, the Vice Chairman for Supervision develops policy recommendations for depository institution holding companies and other entities and oversees the supervision and regulation of these entities.
Placed on the Union Calendar, Calendar No. 264.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line