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House Bill

H.R. 5234

119th Congress

Local School Foods Expansion Act of 2025

In Committee
Introduced:Oct 3, 2025

Primary Sponsor

Darren Soto

Darren Soto

Representative

Democratic
FL-9

Cosponsors

2

Quick Stats

Policy Area

Finance and Financial Sector

Summary

This bill would allow derivatives clearing organizations and clearing agencies to open accounts at the Federal Reserve Bank. This could help these financial institutions more easily and securely handle their cash and transactions.

Latest Action

Referred to the House Committee on Financial Services.

SponsorDarren Soto (D-FL)
Introduced10/3/2025
StatusReferred to the House Committee on Education and Workforce.
ChamberHouse
Data from Congress.gov

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Vote Prediction

Local School Foods Expansion Act of 2025

This bill would allow derivatives clearing organizations and clearing agencies to open accounts at the Federal Reserve Bank. This could help these financial institutions more easily and securely handle their cash and transactions.

Community Breakdown

Pass

0%

Fail

0%

0 predictions

This bill would allow derivatives clearing organizations and clearing agencies to open accounts at the Federal Reserve Bank. This could help these financial institutions more easily and securely handle their cash and transactions.

Bill Number
5234
Sponsor
Darren Soto (D-FL)
Introduced
10/3/2025
Status
Referred to the House Committee on Education and Workforce.
Policy Area
Finance and Financial Sector

Data from Congress.gov

AI-generated summary

Fact Sheet

Title
Local School Foods Expansion Act of 2025
Bill Number
5234
Sponsor
Darren Soto (D-FL)
Status
Referred to the House Committee on Education and Workforce.
Introduced
10/3/2025
Summary
This bill would allow derivatives clearing organizations and clearing agencies to open accounts at the Federal Reserve Bank. This could help these financial institutions more easily and securely handle their cash and transactions.

Data from Congress.gov

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