Congressman Flood Leads the Uniform Treatment of Custodial Assets Act with Bipartisan Support
September 27, 2023
September 27, 2023
WASHINGTON, Sept. 27 -- Rep. Mike Flood, R-Nebraska, issued the following news release:
WASHINGTON, D.C. - Today, U.S. Congressman Mike Flood (R-NE), Congressmen Ritchie Torres (D-NY), Congressman French Hill (R-AR), and Congressman Wiley Nickel (D-NC)introduced the Uniform Treatment of Custodial Assets Act. The bill would prohibit certain federal agencies from requiring certain institutions to include assets held in custody as a liability, and for other purposes.
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WASHINGTON, D.C. - Today, U.S. Congressman Mike Flood (R-NE), Congressmen Ritchie Torres (D-NY), Congressman French Hill (R-AR), and Congressman Wiley Nickel (D-NC)introduced the Uniform Treatment of Custodial Assets Act. The bill would prohibit certain federal agencies from requiring certain institutions to include assets held in custody as a liability, and for other purposes.
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