US HB4247 | 2017-2018 | 115th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on November 3 2017 - 25% progression, died in chamber
Action: 2019-01-02 - Placed on the Union Calendar, Calendar No. 886.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on November 3 2017 - 25% progression, died in chamber
Action: 2019-01-02 - Placed on the Union Calendar, Calendar No. 886.
Text: Latest bill text (Introduced) [PDF]
Summary
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.
Title
Restoring Financial Market Freedom Act of 2017
Sponsors
| Sen. Ted Budd [R-NC] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-01-02 | House | Placed on the Union Calendar, Calendar No. 886. |
| 2019-01-02 | House | Reported by the Committee on Financial Services. H. Rept. 115-1119. |
| 2017-11-15 | House | Ordered to be Reported by the Yeas and Nays: 33 - 25. |
| 2017-11-15 | House | Committee Consideration and Mark-up Session Held. |
| 2017-11-03 | House | Referred to the House Committee on Financial Services. |
| 2017-11-03 | House | Introduced in House |
Same As/Similar To
HB10 (Related) 2017-07-13 - Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-108.
Subjects
Banking and financial institutions regulation
Credit and credit markets
Finance and financial sector
Securities
Credit and credit markets
Finance and financial sector
Securities
