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To amend the Federal Financial Institutions Examination Council Act of 1978 to establish a three-judge independent examination review panel.

USA115th CongressHR-4205| House 
| Updated: 11/1/2017
Keith J. Rothfus

Keith J. Rothfus

Republican Representative

Pennsylvania

Cosponsors (2)
Blaine Luetkemeyer (Republican)Ed Perlmutter (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Financial Institution Examination Responsiveness Act This bill amends the Federal Financial Institutions Examination Council Act of 1978 to establish an Independent Examination Review Panel. The panel shall have exclusive jurisdiction of a financial instituion's appeal of a final material supervisory determination by a federal financial institutions regulatory agency. A financial institution may request from a federal financial institutions regulatory agency a written determination of the agency's: (1) permission to take an action, and (2) interpretation of a law or regulation. An agency must respond to such a request within a specified timeframe. The bill also establishes timeframes within which a federal financial institutions regulatory agency must: (1) conduct an exit interview with respect to the examination of a financial institution, and (2) provide a final examination report.
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Timeline
Nov 1, 2017
Introduced in House
Nov 1, 2017
Referred to the House Committee on Financial Services.
  • November 1, 2017
    Introduced in House


  • November 1, 2017
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Related Bills

  • HR 115-924: To amend the Federal Financial Institutions Examination Council Act of 1978 to establish a three-judge independent examination review panel.
Administrative remediesBanking and financial institutions regulationCongressional oversightExecutive agency funding and structureGovernment information and archivesGovernment studies and investigationsJudicial review and appeals

To amend the Federal Financial Institutions Examination Council Act of 1978 to establish a three-judge independent examination review panel.

USA115th CongressHR-4205| House 
| Updated: 11/1/2017
Financial Institution Examination Responsiveness Act This bill amends the Federal Financial Institutions Examination Council Act of 1978 to establish an Independent Examination Review Panel. The panel shall have exclusive jurisdiction of a financial instituion's appeal of a final material supervisory determination by a federal financial institutions regulatory agency. A financial institution may request from a federal financial institutions regulatory agency a written determination of the agency's: (1) permission to take an action, and (2) interpretation of a law or regulation. An agency must respond to such a request within a specified timeframe. The bill also establishes timeframes within which a federal financial institutions regulatory agency must: (1) conduct an exit interview with respect to the examination of a financial institution, and (2) provide a final examination report.
View Full Text

Suggested Questions

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Timeline
Nov 1, 2017
Introduced in House
Nov 1, 2017
Referred to the House Committee on Financial Services.
  • November 1, 2017
    Introduced in House


  • November 1, 2017
    Referred to the House Committee on Financial Services.
Keith J. Rothfus

Keith J. Rothfus

Republican Representative

Pennsylvania

Cosponsors (2)
Blaine Luetkemeyer (Republican)Ed Perlmutter (Democratic)

Financial Services Committee

Finance and Financial Sector

Related Bills

  • HR 115-924: To amend the Federal Financial Institutions Examination Council Act of 1978 to establish a three-judge independent examination review panel.
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative remediesBanking and financial institutions regulationCongressional oversightExecutive agency funding and structureGovernment information and archivesGovernment studies and investigationsJudicial review and appeals