Fully Informed District Bank Act
Legislative Progress
Introduced
January 10, 2018
Latest Action
January 10, 2018
Primary Sponsor
Robert PittengerRepublican(NC)
Momentum (last 30 days)
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Fully Informed District Bank Act This bill amends the Federal Reserve Act to modify the appointment processes for presidents and first vice presidents of Federal Reserve banks. Specifically, Class A directors (representatives of the banking industry) on a bank's board may vote on such appointments, as may, under current law, Class B and Class C directors (representatives of the public).
Referred to the House Committee on Financial Services.
Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral.
Introduced in House
Congress.gov source codes: 1000, Intro-H
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Sources: Congress.gov