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Financial Institutions Examination Fairness and Reform Act

USA117th CongressS-5049| Senate 
| Updated: 9/29/2022
Jerry Moran

Jerry Moran

Republican Senator

Kansas

Banking, Housing, and Urban Affairs Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Financial Institutions Examination Fairness and Reform Act This bill (1) sets deadlines for final examination reports and exit interviews of a financial institution by a federal financial regulatory agency, and (2) establishes the Office of Independent Examination Review to adjudicate appeals and investigate complaints from financial institutions concerning examination reports. The bill also requires the establishment of an independent internal agency appellate process at the Consumer Financial Protection Bureau (CFPB) for the review of supervisory determinations made at institutions supervised by the CFPB.
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Timeline

Bill from Previous Congress

S 116-2649
Financial Institutions Examination Fairness and Reform Act
Sep 29, 2022
Introduced in Senate
Sep 29, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

    S 116-2649
    Financial Institutions Examination Fairness and Reform Act


  • September 29, 2022
    Introduced in Senate


  • September 29, 2022
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Finance and Financial Sector

Related Bills

  • HR 118-8071: Fair Audits and Inspections for Regulators’ Exams Act

Financial Institutions Examination Fairness and Reform Act

USA117th CongressS-5049| Senate 
| Updated: 9/29/2022
Financial Institutions Examination Fairness and Reform Act This bill (1) sets deadlines for final examination reports and exit interviews of a financial institution by a federal financial regulatory agency, and (2) establishes the Office of Independent Examination Review to adjudicate appeals and investigate complaints from financial institutions concerning examination reports. The bill also requires the establishment of an independent internal agency appellate process at the Consumer Financial Protection Bureau (CFPB) for the review of supervisory determinations made at institutions supervised by the CFPB.
View Full Text

Suggested Questions

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

Timeline

Bill from Previous Congress

S 116-2649
Financial Institutions Examination Fairness and Reform Act
Sep 29, 2022
Introduced in Senate
Sep 29, 2022
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  • Bill from Previous Congress

    S 116-2649
    Financial Institutions Examination Fairness and Reform Act


  • September 29, 2022
    Introduced in Senate


  • September 29, 2022
    Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jerry Moran

Jerry Moran

Republican Senator

Kansas

Banking, Housing, and Urban Affairs Committee

Finance and Financial Sector

Related Bills

  • HR 118-8071: Fair Audits and Inspections for Regulators’ Exams Act
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted