Community Bank Representation Act amends the Federal Reserve Act to specify additional responsibilities for the Board of Governors member with.
The Community Bank Representation Act amends the Federal Reserve Act to specify additional responsibilities for the Board of Governors member with demonstrated primary experience working in or supervising community banks. This member is tasked with developing policy recommendations for the Board regarding the supervision and regulation of banking organizations with less than $17 billion in total assets. The member must also oversee the supervision and regulation of these banking organizations.
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- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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