# 117-s-3540: A bill to amend the Federal Deposit Insurance Act to remove the Comptroller of the Currency and the Director of the Bureau of Consumer Financial Protection from the Board of Directors of the Federal Deposit Insurance Corporation, and for other purposes.

117-s-3540, A bill to amend the Federal Deposit Insurance Act to remove the Comptroller of the Currency and the Director of the Bureau of Consumer Financial Protection from the Board of Directors of the Federal Deposit Insurance Corporation, and for other purposes., is a 117th Congress bill sponsored by Sen. Scott, Tim [R-SC] (R-SC); status Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (as of 2026-10-15).

- Canonical: https://policyrisk.com/legislation/117-s-3540
- As of: 2026-10-15
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 117-s-3540
- Congress: 117
- Title: A bill to amend the Federal Deposit Insurance Act to remove the Comptroller of the Currency and the Director of the Bureau of Consumer Financial Protection from the Board of Directors of the Federal Deposit Insurance Corporation, and for other purposes.
- Status: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced: 2022-02-01
- Sponsor: Sen. Scott, Tim [R-SC] (R-SC)
- Cosponsors: 11
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2026-10-15

## Summary

A bill to amend the Federal Deposit Insurance Act to remove the Comptroller of the Currency and the Director of the Bureau of Consumer Financial Protection from the Board of Directors of the Federal Deposit Insurance Corporation, and for other purposes.

## Cosponsors (11)

- Sen. Cruz, Ted [R-TX] (R-TX), 2022-02-01T00:00:00.000Z
- Sen. Toomey, Patrick [R-PA] (R-PA), 2022-02-01T00:00:00.000Z
- Sen. Lummis, Cynthia M. [R-WY] (R-WY), 2022-02-01T00:00:00.000Z
- Sen. Hagerty, Bill [R-TN] (R-TN), 2022-02-01T00:00:00.000Z
- Sen. Crapo, Mike [R-ID] (R-ID), 2022-02-01T00:00:00.000Z
- Sen. Tillis, Thomas [R-NC] (R-NC), 2022-02-01T00:00:00.000Z
- Sen. Cramer, Kevin [R-ND] (R-ND), 2022-02-01T00:00:00.000Z
- Sen. Moran, Jerry [R-KS] (R-KS), 2022-02-01T00:00:00.000Z
- Sen. Daines, Steve [R-MT] (R-MT), 2022-02-01T00:00:00.000Z
- Sen. Shelby, Richard C. [R-AL] (R-AL), 2022-02-01T00:00:00.000Z
- Sen. Kennedy, John [R-LA] (R-LA), 2022-02-01T00:00:00.000Z

## Related bills

- 117-s-4815: START Act
- 117-sres-748: A resolution honoring and celebrating the life and legacy of Representative Jackie Walorski.
- 117-sjres-55: A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Council on Environmenta…
- 117-sres-643: A resolution designating the week of May 15 through May 21, 2022, as "National Police Week".
- 117-sres-621: A resolution honoring the life and legacy of the late Senator Orrin G. Hatch.
- 117-sres-593: A resolution relating to the death of Kaneaster Hodges, Jr., former United States Senator for the State of Arkansas.

## Sources
- [117-s-3540 on Congress.gov](https://www.congress.gov/bill/117th-congress/senate-bill/3540)

## Related
- [117-s-4815: START Act](https://policyrisk.com/legislation/117-s-4815)
- [117-sres-748: A resolution honoring and celebrating the life and legacy of Representative Jac…](https://policyrisk.com/legislation/117-sres-748)
- [117-sjres-55: A joint resolution providing for congressional disapproval under chapter 8 of t…](https://policyrisk.com/legislation/117-sjres-55)
- [117-sres-643: A resolution designating the week of May 15 through May 21, 2022, as "National…](https://policyrisk.com/legislation/117-sres-643)
- [117-sres-621: A resolution honoring the life and legacy of the late Senator Orrin G. Hatch.](https://policyrisk.com/legislation/117-sres-621)
- [117-sres-593: A resolution relating to the death of Kaneaster Hodges, Jr., former United Stat…](https://policyrisk.com/legislation/117-sres-593)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/117-s-3540 (as of 2026-10-15).