House vote: H.R. 4292 // January 30, 2018Needed two-thirds to pass
Financial Institution Living Will Improvement Act of 2017
Sponsor: Lee Zeldin (R-NY)
Financial Institution Living Will Improvement Act of 2017 (Sec. , the company's plan for rapid and orderly resolution in the event of financial distress or failure) to the Federal Reserve Board (FRB), the Financial Stability Oversight Council, and the Federal Deposit Insurance Corporation (FDIC). Specifically, such companies shall be required to do so once every two years.
Finance and Financial Sector Topic assigned by the Congressional Research Service.
Who won, and how much of the country was behind them
The dotted gap is 4.8% of U.S. adults whose member did not vote, voted “present,” or whose seat was vacant.
| Side | Outcome | Votes | Share of U.S. adults |
|---|---|---|---|
| Yea | Won | 414 | 95.2% |
| Nay | Lost | 0 | 0.0% |
| Not represented on this question | No position taken | 0 | 4.8% |