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Code · BILL · 119th Congress · H.R. 1235 (Introduced in House) — To establish the Federal Infrastructure Bank to facilitate investment in, and the long-term financing of, economicall... · Sec. 7

Sec. 7. Oversight and regulation

54 words·~1 min read·/bill/119/hr/1235/ih/section-7

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The Board of Governors of the Federal Reserve System shall— have oversight and supervisory authority over the Holding Company and the Bank, in order to ensure the safe and sound operation of the Holding Company and the Bank; and shall regulate Bank activities to ensure compliance with the requirements set forth in this Act.
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E Pluribus Unum — out of many, one

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