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Bill · 119th Congress · HR 3446
FDIC Board Accountability Act
Refreshed 3 h ago
Introduced 2025-05-15Topic: economy jobs · governance ethicsSummary
Summary by the Congressional Research ServiceFDIC Board Accountability Act This bill revises provisions related to the board of directors of the Federal Deposit Insurance Corporation. Specifically, the bill removes the director of the Consumer Financial Protection Bureau from the board as a voting member and instead makes them a non-voting observer. In addition, the bill requires the appointment of one individual with state bank supervisory experience, and another with demonstrated primary experience working in or supervising small depository institutions. Further, the bill limits the term length of a board member to 12 years.
Sponsors
- Bill Huizenga Republican sponsor
- 3 cosponsors
Action history
| Date | Chamber | Action | Status effect |
|---|---|---|---|
| 2025-09-08 | House | Placed on the Union Calendar, Calendar No. 201. | |
| 2025-09-08 | House | Reported by the Committee on Financial Services. H. Rept. 119-244. | report |
| 2025-09-08 | Reported by the Committee on Financial Services. H. Rept. 119-244. | report | |
| 2025-07-23 | House | Ordered to be Reported by the Yeas and Nays: 26 - 23. | refer |
| 2025-07-23 | House | Committee Consideration and Mark-up Session Held | refer |
| 2025-07-22 | House | Committee Consideration and Mark-up Session Held | refer |
| 2025-05-15 | House | Referred to the House Committee on Financial Services. | refer |
| 2025-05-15 | Introduced in House | introduce | |
| 2025-05-15 | Introduced in House | introduce |