Fully Informed District Bank Act
This bill amends the Federal Reserve Act to modify the appointment processes for presidents and first vice presidents of Federal Reserve banks. Specifically, Class A directors (representatives of the banking industry) on a bank's board may vote on such appointments, as may, under current law, Class B and Class C directors (representatives of the public).
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2018-01-10 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2018-01-10 | Committee | Hearings Held by the Subcommittee on Monetary Policy and Trade Prior to Referral. | House committee actions |
| 2018-01-10 | IntroReferral | Introduced in House | Library of Congress |