US SB2649 | 2019-2020 | 116th Congress
Status
Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on October 21 2019 - 25% progression, died in committee
Action: 2019-10-21 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 21 2019 - 25% progression, died in committee
Action: 2019-10-21 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]
Summary
(1) sets deadlines for final examination reports and exit interviews of a financial institution by a federal financial regulatory agency, and (2) establishes the Office of Independent Examination Review to adjudicate appeals and investigate complaints from financial institutions concerning examination reports. The bill also requires the establishment of an independent internal agency appellate process at the Consumer Financial Protection Bureau (CFPB) for the review of supervisory determinations made at institutions supervised by the CFPB.
Title
Financial Institutions Examination Fairness and Reform Act
Sponsors
Sen. Jerry Moran [R-KS] | Sen. John Cornyn [R-TX] | Sen. James Inhofe [R-OK] | Sen. Joe Manchin [D-WV] |
History
Date | Chamber | Action |
---|---|---|
2019-10-21 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Subjects
Administrative remedies
Bank accounts, deposits, capital
Banking and financial institutions regulation
Congressional oversight
Consumer credit
Consumer Financial Protection Bureau
Executive agency funding and structure
Finance and financial sector
Government information and archives
Government studies and investigations
Judicial review and appeals
Bank accounts, deposits, capital
Banking and financial institutions regulation
Congressional oversight
Consumer credit
Consumer Financial Protection Bureau
Executive agency funding and structure
Finance and financial sector
Government information and archives
Government studies and investigations
Judicial review and appeals
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/116th-congress/senate-bill/2649/all-info |
Text | https://www.congress.gov/116/bills/s2649/BILLS-116s2649is.pdf |