HB1662
Type: B Origin: House USA Comments: 0

Emergency Liquidity Act Of 2023

Summary
User Reviews

AI Summary

The Emergency Liquidity Act of 2023 is a federal bill aimed at addressing liquidity concerns during times of financial stress. The main provisions of the bill include granting the Federal Reserve Board the authority to provide emergency liquidity assistance to financial institutions facing significant funding challenges. This assistance would be subject to certain conditions and requirements to ensure transparency and accountability. The bill aims to enhance financial stability by enabling timely and effective responses to liquidity crises, ultimately safeguarding the broader economy from systemic risks.

Bill Activity

  • 2023-03-17: Introduced in House

  • 2023-03-17: Referred to the House Committee on Financial Services.

Overall Bill Rating

0.0
0.0
0.0
0.0
0.0
0.0
Text Versions (1)
Bill Discussion Board

Share your views on the Bill

User Icon

Min. 50 characters required  |  (0/1000 Character)

Contributions (0)
Add Contribution+2 pts.

Contribute Your Insights: Add a Unique Perspective to Political Bills. Your Contribution will be Featured Below the Primary Bill, Ordered by Date Added.