Restoring Financial Market Freedom Act of 2017
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (Nov 3, 2017)
Restoring Financial Market Freedom Act of 2017
This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the authority of the Financial Stability Oversight Council to designate financial market utilities (i.e., payment, clearing, and settlement systems) as "systemically important" (also known as "too big to fail"). Under current law, entities so designated are subject to additional regulatory restrictions.
What just happenedJan 2, 2019
Placed on the Union Calendar, Calendar No. 886.
Who’s behind it
- Reported in HouseJan 2, 2019
- Introduced in HouseNov 3, 2017
- Jan 2, 2019CalendarsH12410
Placed on the Union Calendar, Calendar No. 886.
- Jan 2, 2019CommitteeH12200
Reported by the Committee on Financial Services. H. Rept. 115-1119.
Financial Services Committee - Jan 2, 2019Committee5000
Reported by the Committee on Financial Services. H. Rept. 115-1119.
Financial Services Committee - Nov 15, 2017Committee
Ordered to be Reported by the Yeas and Nays: 33 - 25.
Financial Services Committee - Nov 15, 2017Committee
Committee Consideration and Mark-up Session Held.
Financial Services Committee - Nov 3, 2017IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Nov 3, 2017IntroReferralIntro-H
Introduced in House
- Nov 3, 2017IntroReferral1000
Introduced in House