US HB3446

Restructures the FDIC Board of Directors to include 4 presidentially-appointed members (with Senate confirmation), requiring 1 member with state bank supervisory experience and 1 with experience working in or supervising depository institutions with less than $10 billion in total assets

Demotes the Director of the Bureau of Consumer Financial Protection from voting member to non-voting observer on the FDIC Board

Limits FDIC Board members to a maximum of 2 terms and caps total service at 12 years regardless of other provisions

Introduced May 15, 2025 by Rep. Huizenga with bipartisan cosponsors; committed to the Committee of the Whole House on September 8, 2025