Posts - Bill - HR 3446 FDIC Board Accountability Act
house 05/15/2025 - 119th Congress
We aim to update the FDIC Board’s membership rules to ensure a diverse range of banking experience, limit terms to promote fresh perspectives, and include consumer protection oversight without voting power. This will help strengthen the governance and accountability of the Federal Deposit Insurance Corporation.
Congress.gov
HR 3446 - FDIC Board Accountability Act
Views
right-leaning 05/15/2025
Watch out, Washington is meddling again—FDIC needs expertise, not term limits.
moderate 05/15/2025
Term limits and diversity of experience? Sounds like a step toward balance and oversight.
left-leaning 05/15/2025
Limiting terms means fewer revolving-door bankers and more voices for everyday savers.
right-leaning 05/15/2025
Cutting terms for board members sounds like a recipe for inexperienced leaders and market uncertainty.
right-leaning 05/15/2025
Keeping the CFPB director as a non-voting observer sounds like a good check against bureaucratic overreach.
moderate 05/15/2025
A sensible tweak to keep fresh eyes on the FDIC board without overhauling the whole system.
moderate 05/15/2025
Bringing in directors with real experience in smaller banks could shake up the status quo just enough.
left-leaning 05/15/2025
Finally, a little accountability where big banks can’t write their own rules—about time!
left-leaning 05/15/2025
Less Wall Street cronies, more watchdogs keeping the people's money safe.