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Comprehensive Regulatory Review Act

USA116th CongressHR-3198| House 
| Updated: 6/11/2019
Barry Loudermilk

Barry Loudermilk

Republican Representative

Georgia

Cosponsors (1)
Josh Gottheimer (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Comprehensive Regulatory Review Act This bill expands the required comprehensive review of financial regulatory requirements. Specifically, the review must be completed by the Consumer Financial Protection Bureau (CFPB) and the National Credit Union Administration, in addition to (as required under current law) the Federal Financial Institutions Examination Council, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the Federal Reserve Board. The review must be performed at least every 7, rather than 10, years. After performing the review, a regulator must consider tailoring regulations to limit specified burdens. The bill specifies information and criteria the CFPB must use when conducting its review.
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Timeline

Bill from Previous Congress

HR 115-4607
Comprehensive Regulatory Review Act
Jun 11, 2019
Introduced in House
Jun 11, 2019
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HR 115-4607
    Comprehensive Regulatory Review Act


  • June 11, 2019
    Introduced in House


  • June 11, 2019
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Administrative law and regulatory proceduresBanking and financial institutions regulationConsumer creditConsumer Financial Protection BureauDepartment of the TreasuryFederal Deposit Insurance Corporation (FDIC)Federal Reserve SystemNational Credit Union Administration

Comprehensive Regulatory Review Act

USA116th CongressHR-3198| House 
| Updated: 6/11/2019
Comprehensive Regulatory Review Act This bill expands the required comprehensive review of financial regulatory requirements. Specifically, the review must be completed by the Consumer Financial Protection Bureau (CFPB) and the National Credit Union Administration, in addition to (as required under current law) the Federal Financial Institutions Examination Council, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the Federal Reserve Board. The review must be performed at least every 7, rather than 10, years. After performing the review, a regulator must consider tailoring regulations to limit specified burdens. The bill specifies information and criteria the CFPB must use when conducting its review.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

HR 115-4607
Comprehensive Regulatory Review Act
Jun 11, 2019
Introduced in House
Jun 11, 2019
Referred to the House Committee on Financial Services.
  • Bill from Previous Congress

    HR 115-4607
    Comprehensive Regulatory Review Act


  • June 11, 2019
    Introduced in House


  • June 11, 2019
    Referred to the House Committee on Financial Services.
Barry Loudermilk

Barry Loudermilk

Republican Representative

Georgia

Cosponsors (1)
Josh Gottheimer (Democratic)

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Administrative law and regulatory proceduresBanking and financial institutions regulationConsumer creditConsumer Financial Protection BureauDepartment of the TreasuryFederal Deposit Insurance Corporation (FDIC)Federal Reserve SystemNational Credit Union Administration