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H.R. 1235IntroducedHouse · nowSenatePresidentLawIn committee
Sec. 7 · H.R. 1235

Oversight and regulation

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The Board of Governors of the Federal Reserve System shall— (1) 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 (2) shall regulate Bank activities to ensure compliance with the requirements set forth in this Act.

Sec. 7: Oversight and regulation · Public Law Tracker