House Joint Resolution
H.J.Res. 120
Proposing an amendment to the Constitution of the United States to limit the number of consecutive terms that a Member of Congress may serve.
Primary Sponsor

Seth Magaziner
Representative
Cosponsors
10
Quick Stats
Policy Area
Summary
This bill nullifies recent guidance from the Financial Stability Oversight Council that revised procedures for determining which nonbank financial companies must be supervised by the Federal Reserve. If passed, this would keep the previous oversight procedures in place.
Latest Action
Placed on the Union Calendar, Calendar No. 653.
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Vote Prediction
Proposing an amendment to the Constitution of the United States to limit the number of consecutive terms that a Member of Congress may serve.
This bill nullifies recent guidance from the Financial Stability Oversight Council that revised procedures for determining which nonbank financial companies must be supervised by the Federal Reserve. If passed, this would keep the previous oversight procedures
Community Breakdown
Pass
0%
Fail
0%
0 predictions
This bill nullifies recent guidance from the Financial Stability Oversight Council that revised procedures for determining which nonbank financial companies must be supervised by the Federal Reserve. If passed, this would keep the previous oversight procedures in place.
- Bill Number
- 120
- Sponsor
- Seth Magaziner (D-RI)
- Introduced
- 9/11/2025
- Status
- Referred to the House Committee on the Judiciary.
- Policy Area
- Finance and Financial Sector
Data from Congress.gov
Fact Sheet
- Title
- Proposing an amendment to the Constitution of the United States to limit the number of consecutive terms that a Member of Congress may serve.
- Bill Number
- 120
- Sponsor
- Seth Magaziner (D-RI)
- Status
- Referred to the House Committee on the Judiciary.
- Introduced
- 9/11/2025
- Summary
- This bill nullifies recent guidance from the Financial Stability Oversight Council that revised procedures for determining which nonbank financial companies must be supervised by the Federal Reserve. If passed, this would keep the previous oversight procedures in place.
Data from Congress.gov
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