FDIC Board Accountability Act
Sponsor

Full profile: /officials/H001058
Source: Congress.gov · FEC
Cosponsors (3)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
Latest Action
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
Committee Activity
Currently in
- House Committee on Financial ServicesReported By · 2025-09-08
Previously
- Financial Services CommitteeReported By · 2025-09-08
- Financial Services CommitteeMarkup By · 2025-07-22
- House Committee on Financial ServicesMarkup By · 2025-07-22
- House Committee on Financial ServicesReferred To · 2025-05-15
- Financial Services CommitteeReferred To · 2025-05-15
Plain-English Summary
FDIC Board Accountability Act This bill revises provisions related to the board of directors of the Federal Deposit Insurance Corporation. Specifically, the bill removes the director of the Consumer Financial Protection Bureau from the board as a voting member and instead makes them a non-voting observer. In addition, the bill requires the appointment of one individual with state bank supervisory experience, and another with demonstrated primary experience working in or supervising small depository institutions. Further, the bill limits the term length of a board member to 12 years.
Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.
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