Bill115th CongressFiled Dec 14, 2017Finance and Financial Sector
S. 2237
Financial Institutions Examination Fairness and Reform Act
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in senate (Dec 14, 2017)
Financial Institutions Examination Fairness and Reform Act
This bill amends the Federal Financial Institutions Examination Council Act of 1978 to:
- set deadlines for final examination reports and exit interviews of a financial institution by a federal financial regulatory agency, and
- establish 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.
What just happenedDec 14, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Who’s behind it
Sen. Moran, Jerry [R-KS](R-KS)Sponsor
4 cosponsors1 D3 R
4cosponsors1committees2actions3related bills10subjects
- Introduced in SenateDec 14, 2017
- Dec 14, 2017IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Dec 14, 2017IntroReferral10000
Introduced in Senate