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115-hr-4061115th Congress

Financial Stability Oversight Council Improvement Act of 2017

Sponsored By: Representative Ross, Dennis A. [R-FL-15]

Unknown

Summary

Financial Stability Oversight Council Improvement Act of 2017 This bill amends the Financial Stability Act of 2010 to require the Financial Stability Oversight Council, in determining whether a nonbank financial company shall be designated as systemically important and consequently be supervised by the Federal Reserve Board and subject to prudential standards, to consider the appropriateness of imposing such standards as opposed to other forms of regulation to mitigate identified risks to U.S. financial stability. Every five years, the council must, upon request by a nonbank financial company, reevaluate such a determination and hold a vote on whether to rescind it. The bill revises procedural requirements related to council determinations.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Ross, Dennis A. [R-FL-15]

FL • R

Cosponsors

  • Rep. Scott, David [D-GA-13]

    GA • D

    Sponsored 10/12/2017

  • Rep. Duffy, Sean P. [R-WI-7]

    WI • R

    Sponsored 10/12/2017

  • Rep. Foster, Bill [D-IL-11]

    IL • D

    Sponsored 10/12/2017

  • Rep. Barr, Andy [R-KY-6]

    KY • R

    Sponsored 10/12/2017

  • Rep. Delaney, John K. [D-MD-6]

    MD • D

    Sponsored 10/12/2017

  • Rep. Luetkemeyer, Blaine [R-MO-3]

    MO • R

    Sponsored 10/12/2017

  • Rep. Sinema, Kyrsten [D-AZ-9]

    AZ • D

    Sponsored 10/12/2017

  • Rep. McHenry, Patrick T. [R-NC-10]

    NC • R

    Sponsored 10/12/2017

  • Rep. Meeks, Gregory W. [D-NY-5]

    NY • D

    Sponsored 10/12/2017

  • Rep. Huizenga, Bill [R-MI-4]

    MI • R

    Sponsored 10/12/2017

  • Rep. Sherman, Brad [D-CA-32]

    CA • D

    Sponsored 10/12/2017

  • Rep. Wagner, Ann [R-MO-2]

    MO • R

    Sponsored 10/12/2017

  • Rep. Perlmutter, Ed [D-CO-7]

    CO • D

    Sponsored 10/12/2017

  • ED ROYCE

    CA • R

    Sponsored 10/12/2017

  • Rep. Himes, James A. [D-CT-4]

    CT • D

    Sponsored 10/12/2017

  • Rep. Lucas, Frank D. [R-OK-3]

    OK • R

    Sponsored 10/12/2017

  • Rep. Gottheimer, Josh [D-NJ-5]

    NJ • D

    Sponsored 10/12/2017

  • Rep. Stivers, Steve [R-OH-15]

    OH • R

    Sponsored 10/12/2017

  • Rep. Kihuen, Ruben J. [D-NV-4]

    NV • D

    Sponsored 10/12/2017

  • Rep. Pittenger, Robert [R-NC-9]

    NC • R

    Sponsored 10/12/2017

  • Rep. Beatty, Joyce [D-OH-3]

    OH • D

    Sponsored 10/12/2017

  • Rep. Messer, Luke [R-IN-6]

    IN • R

    Sponsored 10/12/2017

  • Rep. Sewell, Terri A. [D-AL-7]

    AL • D

    Sponsored 10/12/2017

  • Rep. Tipton, Scott R. [R-CO-3]

    CO • R

    Sponsored 10/12/2017

  • Rep. Kilmer, Derek [D-WA-6]

    WA • D

    Sponsored 10/12/2017

  • Rep. Williams, Roger [R-TX-25]

    TX • R

    Sponsored 10/12/2017

  • Rep. Peters, Scott H. [D-CA-50]

    CA • D

    Sponsored 10/12/2017

  • Rep. Poliquin, Bruce [R-ME-2]

    ME • R

    Sponsored 10/12/2017

  • Rep. Kind, Ron [D-WI-3]

    WI • D

    Sponsored 10/12/2017

  • Rep. Love, Mia B. [R-UT-4]

    UT • R

    Sponsored 10/12/2017

  • Rep. DelBene, Suzan K. [D-WA-1]

    WA • D

    Sponsored 10/12/2017

  • Rep. Hill, J. French [R-AR-2]

    AR • R

    Sponsored 10/12/2017

  • Rep. Cárdenas, Tony [D-CA-29]

    CA • D

    Sponsored 10/12/2017

  • Rep. Emmer, Tom [R-MN-6]

    MN • R

    Sponsored 10/12/2017

  • Rep. Quigley, Mike [D-IL-5]

    IL • D

    Sponsored 10/12/2017

  • Rep. Mooney, Alexander X. [R-WV-2]

    WV • R

    Sponsored 10/12/2017

  • Rep. Costa, Jim [D-CA-21]

    CA • D

    Sponsored 10/12/2017

  • Rep. MacArthur, Thomas [R-NJ-3]

    NJ • R

    Sponsored 10/12/2017

  • Rep. Boyle, Brendan F. [D-PA-2]

    PA • D

    Sponsored 10/12/2017

  • Rep. Costello, Ryan A. [R-PA-6]

    PA • R

    Sponsored 10/12/2017

  • Rep. Thompson, Mike [D-CA-4]

    CA • D

    Sponsored 10/12/2017

  • Rep. Renacci, James B. [R-OH-16]

    OH • R

    Sponsored 10/12/2017

  • Rep. Rice, Kathleen M. [D-NY-4]

    NY • D

    Sponsored 10/12/2017

  • Rep. Schweikert, David [R-AZ-1]

    AZ • R

    Sponsored 10/12/2017

  • Rep. Moulton, Seth [D-MA-6]

    MA • D

    Sponsored 10/12/2017

  • Rep. Sessions, Pete [R-TX-17]

    TX • R

    Sponsored 10/12/2017

  • Rep. Norcross, Donald [D-NJ-1]

    NJ • D

    Sponsored 10/12/2017

  • PATRICK TIBERI

    OH • R

    Sponsored 10/12/2017

  • Rep. Kuster, Ann M. [D-NH-2]

    NH • D

    Sponsored 10/12/2017

  • Rep. Aguilar, Pete [D-CA-33]

    CA • D

    Sponsored 12/13/2017

  • Rep. Hultgren, Randy [R-IL-14]

    IL • R

    Sponsored 12/13/2017

  • Rep. Connolly, Gerald E. [D-VA-11]

    VA • D

    Sponsored 12/13/2017

  • Rep. Hollingsworth, Trey [R-IN-9]

    IN • R

    Sponsored 12/13/2017

  • Sen. Budd, Ted [R-NC]

    NC • R

    Sponsored 12/13/2017

  • Rep. Loudermilk, Barry [R-GA-11]

    GA • R

    Sponsored 12/13/2017

  • Sen. Blunt Rochester, Lisa [D-DE]

    DE • D

    Sponsored 12/13/2017

  • Rep. Gonzalez, Vicente [D-TX-34]

    TX • D

    Sponsored 1/12/2018

Roll Call Votes

No roll call votes available for this bill.

View on Congress.gov
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