Bill117th CongressFiled Dec 21, 2022Finance and Financial Sector
S. 5345
Consumer Transaction Account Protection Act of 2022
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (Dec 21, 2022)
Consumer Transaction Account Protection Act of 2022
This bill specifies that consumer transaction account deposits of an insured depository institution are not funds obtained through a deposit broker. In general, current law prohibits an insured depository institution that is not well capitalized from accepting for deposit funds obtained through a deposit broker.
What just happenedDec 21, 2022
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
1committees2actions
- Introduced in SenateDec 21, 2022
- Dec 21, 2022IntroReferral
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Banking, Housing, and Urban Affairs Committee - Dec 21, 2022IntroReferral10000
Introduced in Senate