State Regulatory Representation Clarification Act of 2017 This bill amends the Federal Deposit Insurance Act to require one presidential appointee to the Board of Directors of the Federal Deposit Insurance Corporation to have served as a state bank supervisor. (A state bank supervisor has primary regulatory authority over state banks or savings associations in the state.)
Bank accounts, deposits, capitalBanking and financial institutions regulationFederal Deposit Insurance Corporation (FDIC)Federal officialsGovernment corporations and government-sponsored enterprisesState and local government operations
A bill to clarify membership requirements for the Board of Directors of the Federal Deposit Insurance Corporation.
USA115th CongressS-1910| Senate
| Updated: 10/3/2017
State Regulatory Representation Clarification Act of 2017 This bill amends the Federal Deposit Insurance Act to require one presidential appointee to the Board of Directors of the Federal Deposit Insurance Corporation to have served as a state bank supervisor. (A state bank supervisor has primary regulatory authority over state banks or savings associations in the state.)
Bank accounts, deposits, capitalBanking and financial institutions regulationFederal Deposit Insurance Corporation (FDIC)Federal officialsGovernment corporations and government-sponsored enterprisesState and local government operations