SJRES 111 · 119th CongressIn Committeecongress.gov ↗
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Board of Governors of the Federal Reserve System relating to "Revisions to the Large Financial Institution Rating System and Framework for the Supervision of Insurance Organizations".
What this bill does
AI plain-language summaryThis joint resolution seeks to overturn a rule made by the Federal Reserve that changed how it rates and oversees large financial institutions and insurance organizations. Congress has the power to disapprove of certain federal agency rules, and this resolution would use that power to block the Federal Reserve's rule from taking effect. No official summary is available for this bill.
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