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Code · BILL · 114th Congress · S. 92 (Introduced in Senate) — To reaffirm the importance of community banking and community banking regulatory experience on the Federal Reserve Bo... · Sec. 2

Sec. 2. Membership of Board of Governors of the Federal Reserve System

58 words·~1 min read·/bill/114/s/92/is/section-2

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The first undesignated paragraph of section 10 of the Federal Reserve Act ( 12 U.S.C. 241 ) is amended by inserting after the second sentence the following: The Board shall at all times have as a member at least 1 person with demonstrated experience working in or supervising community banks having less than $10,000,000,000 in total assets. .
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Sec. 2
Membership of Board of Governors of the Federal Reserve System
U.S.C.§ 241
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