To amend the Federal Deposit Insurance Act to ensure that certain custodial deposits of well capitalized insured depository institutions are not considered to be funds obtained by or through deposit brokers, and for other purposes.
119th Congress
Introduced by
French Hill,
HR 5317 protects custodial deposits at well-capitalized banks from broker classification, easing regulations and allowing for better rates and services for customers.
Introduced in House
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