Financial Defense for Industrial Contractors Act of 2023 or the FDIC Act of 2023 This bill requires the Federal Deposit Insurance Corporation to begin proceedings for terminating the insured status of large depository institutions that deny banking services to federal contractors that otherwise qualify for such services.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Finance and Financial Sector
FDIC Act of 2023
USA118th CongressS-583| Senate
| Updated: 3/1/2023
Financial Defense for Industrial Contractors Act of 2023 or the FDIC Act of 2023 This bill requires the Federal Deposit Insurance Corporation to begin proceedings for terminating the insured status of large depository institutions that deny banking services to federal contractors that otherwise qualify for such services.