HR 3682 · 119th CongressPassed Housecongress.gov ↗
What this bill does
AI plain-language summaryThis bill requires the Financial Stability Oversight Council to try other actions first before deciding that a non-bank financial company should be supervised by the Federal Reserve Board. The council must determine that these alternative actions would not reduce the threat the company might pose to U.S. financial stability before making the company subject to certain standards.
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