Search Results for keywords:"financial markets"

Search Results: keywords:"financial markets"

H. R. 8421 — To abolish the Board of Governors of the Federal Reserve System and the Federal reserve banks, to repeal the Federal Reserve Act, and for other purposes.
May 16, 2024
Status:Introduced in House
Congress:118
Words:834
H.R. 8421, also known as the “Federal Reserve Board Abolition Act,” proposes to dismantle the Board of Governors of the Federal Reserve System and the Federal reserve banks one year after the bill is enacted. It seeks to repeal the Federal Reserve Act and entrust the winding...
Simple Explanation
Imagine if a big, important group that helps guide how money is handled in the country is taken away. This bill suggests getting rid of that group and passing its jobs to others, which could be a bit like taking apart a big toy and figuring out what to do with all the pieces.
S. 4890 — To permit a registered investment company to omit certain fees from the calculation of acquired fund fees and expenses, and for other purposes.
July 31, 2024
Status:Introduced in Senate
Congress:118
Words:602
S. 4890, introduced by Mr. Daines, seeks to modify how registered investment companies report certain fees. Specifically, the bill allows these companies to exclude fees and expenses incurred through investments in business development companies from their acquired fund fees...
Simple Explanation
Imagine a rule that helps companies manage money by making it simpler to share how much they spend. This bill helps by letting them leave out a particular kind of fee when they tell everyone their costs, so they explain it in a special note instead.
S. J. RES. 72 — Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to The Enhancement and Standardization of Climate-Related Disclosures for Investors.
April 17, 2024
Status:Introduced in Senate
Congress:118
Words:364
The joint resolution, S. J. RES. 72, proposes congressional disapproval of a rule proposed by the Securities and Exchange Commission. This rule is related to improving and standardizing climate-related disclosures for investors. The resolution states that the proposed rule shall not be...
Simple Explanation
The Senate has a plan to stop a new rule from the SEC that would make companies share more about what they're doing to help the planet. If they stop this rule, it might be harder for people who invest money to know what companies are doing about climate change.

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