Federal Reserve System
US Congress 113th Congress
Bureau of Consumer Financial Protection Accountability Act [HB-450]
[Consumer Protection ]
[Finance ]
[Budget and Spending ]
Bureau of Consumer Financial Protection Accountability Act - Amends the Consumer Financial Protection Act of 2010 to subject the Consumer Financial Protection Bureau (CFPB) to regular appropriations. Repeals the requirement of an annual transfer to the CFPB of funds from the Board of Governors of the Federal Reserve System. Subjects the CFPB to the regular authorization, budget, and appropriations process of the Department of the Treasury. Repeals establishment of the CFPB Fund. Replaces the authorization of appropriations for FY2010-FY2014 with
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Sponsored by: Rep. Tom Graves
Hearings Held By The Subcommittee On Financial Institutions And Consumer Credit Prior To Referral. on 10/29/2013
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Financial Regulatory Clarity Act of 2014 [HB-4466]
[Finance ]
[Consumer Protection ]
Financial Regulatory Clarity Act of 2014 - Requires the Federal Deposit Insurance Corporation (FDIC), the Office of Comptroller of the Currency, the Board of Governors of the Federal Reserve System, the Bureau of Consumer Financial Protection (CFPB), the National Credit Union Administration (NCUA), the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC), before issuing a regulation or order, to assess other federal regulations and orders to determine whether the agency's proposal is in conflict with, is
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Sponsored by: Rep. Gregory Meeks
Committee Consideration And Mark-up Session Held. on 05/22/2014
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Jumpstarting Opportunities with Bold Solutions Act [HB-4304]
[Labor, Jobs, Employment ]
[Small Business ]
[Energy ]
[Public Lands and National Parks ]
[Environmental ]
[Trade ]
[Budget and Spending ]
[Finance ]
[Taxes ]
[Construction ]
[Mining ]
[National Security ]
[Native American Affairs ]
[Economic Development ]
[Law Enforcement ]
[Technology and Innovation ]
[Transportation and Motor Vehicles ]
[Air Quality ]
[Water ]
[Climate Change ]
[Public Health ]
[Cybersecurity ]
[Artificial Intelligence ]
[Insurance ]
[Real Estate ]
[Housing ]
[Consumer Protection ]
[Veterans ]
[Military ]
[Science ]
[Funding ]
[Grants ]
[International ]
[Manufacturing ]
[Workers' Compensation ]
[Property Tax ]
[Public Safety ]
[Recreation ]
[Retirement ]
[Unemployment ]
[Pensions ]
Jumpstarting Opportunities with Bold Solutions Act - Division I: Labor - Title I: Repeal of Davis-Bacon Act - Repeals the Davis-Bacon Act (which requires that the locally prevailing wage rate be paid to various classes of laborers and mechanics working under federally-financed or federally-assisted contracts for construction, alteration, and repair of public buildings or public works). States that references in any law to a wage requirement of the Davis-Bacon Act after the enactment of this Act shall be null and void. Title II: Union Contract
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Sponsored by: Rep. Ted Poe
Referred To The Subcommittee On Health, Employment, Labor, And Pensions. on 06/13/2014
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Mutual Bank Choice and Continuity Act of 2014 [HB-4252]
[Finance ]
[Taxes ]
[Small Business ]
[Investments ]
Mutual Bank Choice and Continuity Act of 2014 - Amends the Federal Deposit Insurance Act to authorize a mutual depository to issue mutual capital certificates that qualify as common equity Tier 1 capital for purposes of capital requirements mandated by federal law or regulation. Defines "mutual capital certificate" as a financial instrument issued by a mutual depository that entitles the holder to a payment of fixed, variable, or participating dividends but no voting or member rights, nor is it redeemable until five years after issuance. Defines
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Sponsored by: Rep. David Joyce
Referred To The House Committee On Financial Services. on 03/14/2014
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Systemic Risk Designation Improvement Act of 2014 [HB-4060]
[Finance ]
[Consumer Protection ]
Systemic Risk Designation Improvement Act of 2014 - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to authorize the Financial Stability Oversight Council to determine that a bank holding company shall be subject to enhanced supervision and prudential standards by the Board of Governors of the Federal Reserve System, if the Council makes a final determination that material financial distress at the bank holding company, or the nature, scope, size, scale, concentration, interconnectedness, or mix of its activities, could threaten
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Sponsored by: Rep. Ted Poe
Referred To The House Committee On Financial Services. on 02/14/2014
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Community Bank Mortgage Servicing Asset Capital Requirements Study Act of 2014 [HB-4042]
[Finance ]
[Housing ]
[Small Business ]
[Investments ]
Community Bank Mortgage Servicing Asset Capital Requirements Study Act of 2014 - Directs the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, and the Federal Deposit Insurance Corporation (FDIC) (federal banking agencies) to study jointly the appropriate capital requirements for mortgage servicing assets for any banking institution other than an institution identified by the Financial Stability Board as a global systemically important bank. Prohibits regulations to implement the Global Regulatory Framework
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Sponsored by: Rep. Robert Latta
Committee Consideration And Mark-up Session Held. on 07/30/2014
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Federal Reserve Accountability and Transparency Act of 2014 [HB-3928]
[Finance ]
[Budget and Spending ]
[Ethics ]
[Consumer Protection ]
Federal Reserve Accountability and Transparency Act of 2014 - Amends the Federal Reserve Act to require the Board of Governors of the Federal Reserve System to consider specified economic impacts of any regulation before issuing it. Directs the Board, in deciding whether and how to regulate, to assess the costs and benefits of regulatory alternatives, including the alternative of not regulating, and choose the approach that maximizes net benefits. Sets forth additional considerations, including market liquidity in the securities markets and global
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Sponsored by: Rep. Scott Garrett
Referred To The House Committee On Financial Services. on 01/27/2014
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To amend the Bank Holding Company Act of 1956 to require agencies to make considerations relating to the promotion of efficiency, competition, and capital formation before issuing or modifying certain regulations. [HB-3913]
[Finance ]
[Consumer Protection ]
Amends the Bank Holding Company Act of 1956 with respect to certain prohibitions against proprietary trading by banking entities and certain relationships of such entities with hedge funds and private equity funds (Volcker rule). Directs the Commodity Futures Trading Commission (CFTC), the Securities and Exchange Commission (SEC), and the appropriate federal banking agencies, when issuing or modifying any regulation related to such prohibitions, to consider: (1) whether it is necessary or appropriate in the public interest; (2) whether it will promote
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Sponsored by: Rep. Sean Duffy
Committee Consideration And Mark-up Session Held. on 07/30/2014
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U.S. Financial Services Global Viability Act [HB-3701]
[Finance ]
[International ]
[Trade ]
U.S. Financial Services Global Viability Act - Amends the Bank Holding Company Act of 1956 to delay the effective date for prohibitions or the mandate for related rulemaking against proprietary trading by a banking entity and any equity, partnership, or other ownership interest of a banking entity in or sponsorship of hedge funds or private equity funds. (Currently the effective date of such prohibitions and the mandate to make related regulations is the earlier of 12 months after the date of the issuance of final rules or 2 years after the date
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Sponsored by: Rep. Peter King
Referred To The House Committee On Financial Services. on 12/11/2013
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New Fair Deal Banking and Housing Stability Act of 2013 [HB-3550]
[Finance ]
[Real Estate ]
[Housing ]
[Budget and Spending ]
[Consumer Protection ]
[Community Development ]
[Property Tax ]
New Fair Deal Banking and Housing Stability Act of 2013 - Amends the Federal Housing Enterprises Financial Safety and Soundness Act of 1992 (FHEFSSA), the Federal National Mortgage Association Charter Act (FNMACA), and the Federal Home Loan Mortgage Corporation Act (FHLMCA) to repeal housing goals and related provisions, including the Housing Trust Fund and the Capital Magnet Fund, with respect to the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac) (government sponsored enterprises)
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Sponsored by: Rep. Jim Jordan
Referred To The Subcommittee On Regulatory Reform, Commercial And Antitrust Law. on 01/09/2014
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Bureau of Consumer Financial Protection Accountability and Transparency Act of 2013 [HB-3519]
[Finance ]
[Consumer Protection ]
[Budget and Spending ]
Bureau of Consumer Financial Protection Accountability Act and Transparency Act of 2013 - (Sec. 2) Amends the Consumer Financial Protection Act of 2010 to: (1) rename the Consumer Financial Protection Bureau (CFPB) the Financial Product Safety Commission (FPSC) , (2) remove it from the Federal Reserve System, and (3) repeal the authority of the FPSC Director to establish regional offices in cities in which either Federal Reserve Banks or their branches are located. Repeals the requirement that not fewer than six members of the Consumer Advisory
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Sponsored by: Rep. Randy Neugebauer
Reported (amended) By The Committee On Financial Services. H. Rept. 113-347. on 02/06/2014
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To enhance the ability of community financial institutions to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes. [HB-3329]
[Finance ]
[Small Business ]
[Economic Development ]
Directs the Board of Governors of the Federal Reserve System (Board) to publish in the Federal Register proposed revisions to the Small Bank Holding Company Policy Statement on Assessment of Financial and Managerial Factors, applying such policy to certain bank holding companies and savings and loan holding companies having pro forma consolidated assets of less than $1 billion, and which: (1) are not engaged in significant nonbanking activities either directly or through a nonbank subsidiary, (2) do not conduct significant off-balance sheet activities
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Sponsored by: Rep. Mike Quigley
Became Public Law No: 113-250. on 12/18/2014
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Holding Individuals Accountable and Deterring Money Laundering Act [HB-3317]
[Finance ]
[Crime ]
[International ]
[National Security ]
Holding Individuals Accountable and Deterring Money Laundering Act - Amends provisions of federal law known as the Bank Secrecy Act of 1970 relating to money laundering violations to: (1) increase civil penalties for willful violations of anti-money laundering laws; (2) increase the civil penalty for negligent violations of such laws and impose a penalty on partners, directors, officers, or employees of a financial institution for such violations; and (3) impose a 20-year maximum prison term for individuals who facilitate evasion of an anti-money
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Sponsored by: Rep. Gregory Meeks
Referred To The Subcommittee On Crime, Terrorism, Homeland Security, And Investigations. on 01/09/2014
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Audit The Fed Act of 2013 [HB-33]
[Finance ]
[Budget and Spending ]
Audit The Fed Act of 2013 - Repeals the authority of the Comptroller General (GAO) to carry out an onsite examination of an open insured bank or bank holding company only if the appropriate federal regulatory agency has consented in writing. (Retains the authority of the Comptroller General to audit a federal agency.) Directs the Comptroller General to complete, before the end of 2014, an audit of the Board of Governors of the Federal Reserve System and of the Federal Reserve Banks, followed by a detailed report to Congress.
Sponsored by: Rep. Paul Broun
Referred To The House Committee On Oversight And Government Reform. on 01/03/2013
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Regulation D Study Act [HB-3240]
[Finance ]
[Budget and Spending ]
Regulation D Study Act - Directs the Comptroller General (GAO) to study the impact upon depository institutions, consumers, and monetary policy of the requirement that depository institutions maintain reserves in accordance with the Federal Reserve Act and Regulation D (Reserve Requirements of Depository Institutions). Requires such study to include: (1) a historic review of how the Board of Governors of the Federal Reserve System has used reserve requirements to conduct U.S. monetary policy, (2) the impact of the maintenance of reserves upon depository
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Sponsored by: Rep. Eleanor Norton
Received In The Senate And Read Twice And Referred To The Committee On Banking, Housing, And Urban Affairs. on 12/03/2014
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Bureau of Consumer Financial Protection Accountability Act of 2013 [HB-3192]
[Consumer Protection ]
[Finance ]
[Budget and Spending ]
Bureau of Consumer Financial Protection Accountability Act of 2013 - Amends the Consumer Financial Protection Act of 2010 to subject the Consumer Financial Protection Bureau (CFPB) to regular appropriations. Repeals the requirement of an annual transfer to the CFPB of funds from the Board of Governors of the Federal Reserve System. Subjects the CFPB to the regular authorization, budget, and appropriations process of the Department of the Treasury. Repeals establishment of the CFPB Fund. Replaces the authorization of appropriations for FY2010-FY2014
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Sponsored by: Rep. Sean Duffy
Hearings Held By The Subcommittee On Financial Institutions And Consumer Credit Prior To Referral. on 10/29/2013
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Inspector General Improvement Act of 2013 [HB-314]
[Defense ]
[Environmental ]
[Labor, Jobs, Employment ]
[Healthcare ]
[International ]
[National Security ]
[Public Safety ]
[Education ]
[Law Enforcement ]
Inspector General Improvement Act of 2013 - Requires the inspectors general of the following federal agencies, in addition to the other duties and responsibilities specified in the Inspector General Act of 1978, to supervise, direct, and control audit and investigative activities pertaining to programs and operations: U.S. Agency for International Development (USAID); Board of Governors of the Federal Reserve System; Department of Defense (DOD); Department of Education; Federal Labor Relations Authority (FLRA); Department of Health and Human
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Sponsored by: Rep. Jo Emerson
Referred To The House Committee On Oversight And Government Reform. on 01/18/2013
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Systemic Risk Designation Improvement Act of 2013 [HB-3036]
[Finance ]
[Budget and Spending ]
[Consumer Protection ]
Systemic Risk Designation Improvement Act of 2013 - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to authorize the Financial Stability Oversight Council to determine that a bank holding company shall be subject to enhanced supervision and prudential standards by the Board of Governors of the Federal Reserve System, if the Council makes a final determination that material financial distress at the bank holding company, or the nature, scope, size, scale, concentration, interconnectedness, or mix of its activities, could threaten
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Sponsored by: Rep. Steve Stivers
Referred To The House Committee On Financial Services. on 08/02/2013
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No Bailouts for State and local Governments Act [HB-3002]
[Budget and Spending ]
[Funding ]
[Grants ]
[Disaster Relief ]
[Taxes ]
Prohibits the use of federal funds to purchase or guarantee obligations of, issue lines of credit to, or provide direct or indirect grants-in-aid to any state, municipal, local, or county government which, on or after January 1, 2013, has filed for bankruptcy, has defaulted on its obligations, is at risk of defaulting, or is likely to default, without such federal assistance if such purchase, guarantee, extension of credit, or grant is made to assist the government in: (1) avoiding defaulting on the payment of principal or interest due on an obligation
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Sponsored by: Rep. Steve Scalise
Referred To The Committee On Oversight And Government Reform, And In Addition To The Committee On Financial Services, For A Period To Be Subsequently Determined By The Speaker, In Each Case For Consideration Of Such Provisions As Fall Within The Jurisdiction Of The Committee Concerned. on 08/02/2013
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Financial Services and General Government Appropriations Act, 2014 [HB-2786]
[Finance ]
[Taxes ]
[Budget and Spending ]
[Consumer Protection ]
[Cybersecurity ]
[Data Privacy ]
[Elections ]
[Ethics ]
[Funding ]
[Grants ]
[Law Enforcement ]
[National Security ]
[Healthcare ]
[Telecommunications ]
[Crime ]
Financial Services and General Government Appropriations Act, 2014 - Title I: Department of the Treasury - Department of the Treasury Appropriations Act, 2014 - Makes appropriations for FY2014 to the Department of the Treasury for: (1) departmental offices, (2) the Office of Terrorism and Financial Intelligence, (3) the Office of Inspector General, (4) the Treasury Inspector General for Tax Administration, (5) the Special Inspector General for the Troubled Asset Relief Program (TARP), (6) the Financial Crimes Enforcement Network, (7) the Bureau
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Sponsored by: Rep. Ander Crenshaw
The House Committee On Appropriations Reported An Original Measure, H. Rept. 113-172, By Mr. Crenshaw. on 07/23/2013