2396 -- Social Media Bank Run Act | Poliscope

Social Media Bank Run Act

2396

118th Congress

Finance and Financial Sector

In Committee

Legislative Progress

✓

Introduced

Committee

Floor Vote

Other Chamber

Enacted

Introduced

March 29, 2023

Latest Action

March 29, 2023

Primary Sponsor

Ritchie TorresDemocratic(NY)

Momentum (last 30 days)

score

0 actions · 0 new cosponsors · 0 votes

Speed vs cohort

0pct

0d open

vs 10,564 other HR bills in the 118th — cohort avg 68d

Summary

Social Media Bank Run Act This bill requires the Financial Stability Oversight Council to (1) monitor social media platforms for indications of potential bank runs or financial panics that could threaten the financial stability of the United States, and (2) report its findings to Congress.