3.0.0 4387 2023-01-11T13:26:41Z 2023-01-11T13:26:41Z House H HR 2014-04-03 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. GARRETT:H.R. 4387.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3 (The Congress shall havePower ``To regulate Commerce with foreign Nations, and amongthe several States and with the Indian Tribes'') and ArticleI, Section 8, Clause 18 (The Congress shall have Power ``Tomake all Laws which shall be necessary and proper forcarrying into Execution the foregoing Powers, and all otherPowers vested by this Constitution in the Government of theUnited States, or in any Department or Officer thereof'').[Page H2908]]]> hsba00 Financial Services Committee House Standing Markup by 2014-06-20T16:07:02Z Hearings by 2014-05-20T21:11:51Z Referred to 2014-04-03T14:01:20Z 2014-06-20 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 27. Committee 2014-06-20 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2014-05-20 hsba00 Financial Services Committee 1 House committee actions Committee Hearings Held. Committee 2014-04-03 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2014-04-03 Introduced in House IntroReferral Intro-H 9 Library of Congress 2014-04-03 Introduced in House IntroReferral 1000 9 Library of Congress G000548 Rep. Garrett, Scott [R-NJ-5] Scott Garrett R NJ 5 N P000606 Rep. Pittenger, Robert [R-NC-9] Robert Pittenger R NC 9 2014-04-04 False W000812 Rep. Wagner, Ann [R-MO-2] Ann Wagner R MO 2 2014-04-08 False W000796 Rep. Westmoreland, Lynn A. [R-GA-3] Lynn Westmoreland R GA A. 3 2014-04-28 False C001095 Rep. Cotton, Tom [R-AR-4] Tom Cotton R AR 4 2014-04-28 False S001187 Rep. Stivers, Steve [R-OH-15] Steve Stivers R OH 15 2014-04-28 False H001059 Rep. Hultgren, Randy [R-IL-14] Randy Hultgren R IL 14 2014-04-28 False M001182 Rep. Mulvaney, Mick [R-SC-5] Mick Mulvaney R SC 5 2014-04-29 False B000013 Rep. Bachus, Spencer [R-AL-6] SPENCER BACHUS R AL 6 2014-04-29 False R000593 Rep. Ross, Dennis A. [R-FL-15] Dennis Ross R FL A. 15 2014-05-07 False R000598 Rep. Rothfus, Keith J. [R-PA-12] Keith Rothfus R PA J. 12 2014-05-21 False F000458 Rep. Fincher, Stephen Lee [R-TN-8] Stephen Fincher R TN Lee 8 2014-05-21 False H001060 Rep. Hurt, Robert [R-VA-5] Robert Hurt R VA 5 2014-05-27 False P000595 Rep. Peters, Gary C. [D-MI-14] Gary Peters D MI 14 2014-07-14 False Finance and Financial Sector Administrative law and regulatory procedures Advisory bodies Banking and financial institutions regulation Commodity Futures Trading Commission Congressional oversight Federal Deposit Insurance Corporation (FDIC) Federal Reserve System Financial Stability Oversight Council Financial crises and stabilization Government ethics and transparency, public corruption National Credit Union Administration Securities and Exchange Commission (SEC) Finance and Financial Sector 00 2014-04-03 Introduced in House 2014-06-10T21:31:58Z FSOC Transparency and Accountability Act - Amends the Financial Stability Act of 2010 to repeal the nonapplicability of the Federal Advisory Committee Act (FACA) to the Financial Stability Oversight Council (thus applying FACA to the Council).

Declares the Council an agency for purposes of the "Government in the Sunshine Act" (and its open meeting requirements).

Revises the voting profile of Council members to single out the following member agencies as each having collectively one vote: (1) the Board of Governors of the Federal Reserve System, (2) the Securities and Exchange Commission (SEC), (3) the Federal Deposit Insurance Corporation (FDIC), (4) the Commodity Futures Trading Commission (CFTC), and (5) the National Credit Union Administration (NCUA) Board.

Directs such member agencies to: (1) determine their Council vote by using the voting process normally applicable to votes by their members, and (2) cast the one collective Council vote by the agency head.

Permits any Council member to select to have one or more individuals on the member's staff attend a meeting of the Council, including any meeting of representatives of the member agencies other than the members themselves.

Requires all Council meetings to be open to attendance and participation by members of specified congressional committees, including any meeting of representatives of the member agencies other than the members themselves.

]]> FSOC Transparency and Accountability Act Display Title FSOC Transparency and Accountability Act Official Title as Introduced To amend the Financial Stability Act of 2010 to require the Financial Stability Oversight Council to hold open meetings and comply with the requirements of the Federal Advisory Committee Act, to provide additional improvements to the Council, and for other purposes. Introduced in House IH Short Titles as Introduced FSOC Transparency and Accountability Act Introduced in House 2014-04-03T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr4387ih/xml/BILLS-113hr4387ih.xml 2014-06-20 Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 27. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.