FEDERAL DEPOSIT INSURANCE ACT

Bills and resolutions

FDIC: allow to guarantee noninterest-bearing transaction accounts for certain period (see H.R. 3243), H2308 [11MY]

——— amend laws to address transaction account guarantees (see S. 1572), S1623 [11MY] (see H.R. 5845), H4909 [29SE]

——— exempt community banks from any special assessment caused by use of systemic risk authority (see H.R. 4204), H2989 [20JN]

——— increase bank executive accountability and improve financial stability (see S. 2190), S2224 [22JN]

——— permit insured depository institutions and credit unions to elect to have higher standard maximum deposit insurance amount for commercial deposits and require higher assessments of such institutions (see H.R. 3928), H2778 [7JN]

——— provide for insurance of transaction accounts (see S. 2403), S3458 [20JY]

——— provide insurance for noninterest-bearing transaction accounts (see S. 3012), S4947 [4OC]

Financial institutions: address applications for deposit insurance submitted by industrial banks to FDIC (see S. 3538), S5996 [14DE]

——— convert insured State banks with assets above certain amount into national banks and transfer oversight from FRS or FDIC to Office of the Comptroller of the Currency (see S. 2497), S3619 [26JY]

Reports filed

Recovering Executive Compensation Obtained From Unaccountable Practices (RECOUP) Act: Committee on Banking, Housing, and Urban Affairs (Senate) (S. 2190), S2221 [22JN]