House Bill 4737
118th Congress(2023-2024)
Stop Executive Capture of Banking Regulators Act
Introduced
Introduced in House on Jul 19, 2023
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
4737
Congress
118
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
Stop Executive Capture of Banking Regulators Act
This bill requires banking and financial regulatory entities to report to Congress prior to implementing a non-binding recommendation from the Financial Stability Oversight Council or contained in an Executive Order. This requirement applies to the Board Of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Federal Housing Finance Administration.
July 19, 2023
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07/19/2023
Referred to the House Committee on Financial Services.
07/19/2023
Introduced in House
Public Record
Record Updated
Jun 4, 2024 7:15:15 PM