Nullifies the guidance issued by the Financial Stability Oversight Council titled Guidance on Nonbank Financial Company Determinations and…
H.J.Res. 120118th Congress

Nullifies the guidance issued by the Financial Stability Oversight Council titled Guidance on Nonbank Financial Company Determinations and…

Reported by CommitteeRep. J Hill (R-AR-2)1 section · 1 min read
Version: Reported in House · Dec 3, 2024

Full Text

[Congressional Bills 118th Congress] [From the U.S. Government Publishing Office] [H.J. Res. 120 Reported in House (RH)]

Union Calendar No. 653 118th CONGRESS 2d Session H. J. RES. 120

[Report No. 118-790]

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Stability Oversight Council related to "Guidance on Nonbank Financial Company Determinations".

_______________________________________________________________________

IN THE HOUSE OF REPRESENTATIVES

March 22, 2024

Mr. Hill submitted the following joint resolution; which was referred to the Committee on Financial Services

December 3, 2024

Additional sponsors: Mr. Luetkemeyer, Mrs. Wagner, Mr. Barr, Mr. Huizenga, Mr. Meuser, Mr. Fitzgerald, Mr. Donalds, Mrs. Houchin, Mr. Ogles, and Mr. Williams of Texas

December 3, 2024

Committed to the Committee of the Whole House on the State of the Union and ordered to be printed

_______________________________________________________________________

JOINT RESOLUTION

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Stability Oversight Council related to "Guidance on Nonbank Financial Company Determinations".

Resolved by the Senate and House of Representatives of the United States of America in Congress assembled, That Congress disapproves the rule submitted by the Financial Stability Oversight Council related to "Guidance on Nonbank Financial Company Determinations" (88 Fed. Reg. 80110; published November 17, 2023), and such rule shall have no force or effect. Union Calendar No. 653

118th CONGRESS

2d Session

H. J. RES. 120

[Report No. 118-790]

_______________________________________________________________________

JOINT RESOLUTION

Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Financial Stability Oversight Council related to "Guidance on Nonbank Financial Company Determinations".

_______________________________________________________________________

December 3, 2024

Committed to the Committee of the Whole House on the State of the Union and ordered to be printed

to ask questions about this bill.