H.R. 3446 explained · 119th Congress · Pending in Congress
FDIC Board Accountability Act
Cosponsors: 3 (0 D, 3 R) · per Congress.gov, 2026-10-11
Introduced: 2025-05-15
Latest action (2025-09-08): Placed on the Union Calendar, Calendar No. 201.
What H.R. 3446 does, in plain terms
FDIC Board Accountability Act This bill revises provisions related to the board of directors of the Federal Deposit Insurance Corporation. Specifically, the bill removes the director of the Consumer Financial Protection Bureau from the board as a voting member and instead makes them a non-voting observer. In addition, the bill requires the appointment of one individual with state bank supervisory experience, and another with demonstrated primary experience working in or supervising small depository institutions. Further, the bill limits the term length of a board member to 12 years.
Official summary by the Congressional Research Service, via Congress.gov.
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