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A bill to increase from $10,000,000,000 to $50,000,000,000 the threshold figure at which regulated depository institutions are subject to direct examination and reporting requirements of the Bureau of Consumer Financial Protection, and for other purposes.

USA115th CongressS-1499| Senate 
| Updated: 6/29/2017
Patrick Toomey

Patrick Toomey

Republican Senator

Pennsylvania

Cosponsors (1)
Joe Donnelly (Democratic)

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Consumer Financial Protection Bureau Examination and Reporting Threshold Act of 2017 This bill amends the Consumer Financial Protection Act of 2010 to raise the examination threshold that brings an insured depository institution or insured credit union within its supervisory purview from assets of $10 billion or more to assets of $50 billion or more. The bill increases from assets of $10 billion or less to assets of $50 billion or less the size of an insured depository institution or insured credit union that is subject to the Act's reporting requirements.
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Timeline
Jun 29, 2017
Introduced in Senate
Jun 29, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • June 29, 2017
    Introduced in Senate


  • June 29, 2017
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Related Bills

  • HR 115-3072: Bureau of Consumer Financial Protection Examination and Reporting Threshold Act of 2017
Banking and financial institutions regulationConsumer Financial Protection BureauGovernment information and archives

A bill to increase from $10,000,000,000 to $50,000,000,000 the threshold figure at which regulated depository institutions are subject to direct examination and reporting requirements of the Bureau of Consumer Financial Protection, and for other purposes.

USA115th CongressS-1499| Senate 
| Updated: 6/29/2017
Consumer Financial Protection Bureau Examination and Reporting Threshold Act of 2017 This bill amends the Consumer Financial Protection Act of 2010 to raise the examination threshold that brings an insured depository institution or insured credit union within its supervisory purview from assets of $10 billion or more to assets of $50 billion or more. The bill increases from assets of $10 billion or less to assets of $50 billion or less the size of an insured depository institution or insured credit union that is subject to the Act's reporting requirements.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jun 29, 2017
Introduced in Senate
Jun 29, 2017
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • June 29, 2017
    Introduced in Senate


  • June 29, 2017
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Patrick Toomey

Patrick Toomey

Republican Senator

Pennsylvania

Cosponsors (1)
Joe Donnelly (Democratic)

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HR 115-3072: Bureau of Consumer Financial Protection Examination and Reporting Threshold Act of 2017
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Banking and financial institutions regulationConsumer Financial Protection BureauGovernment information and archives