Consumer Transaction Account Protection Act of 2022

United States117th CongressS-5345Senate
Updated: Dec 21, 2022

Summary

Consumer Transaction Account Protection Act of 2022 This bill specifies that consumer transaction account deposits of an insured depository institution are not funds obtained through a deposit broker. In general, current law prohibits an insured depository institution that is not well capitalized from accepting for deposit funds obtained through a deposit broker.

Bill texts

Available versions
Introduced (Senate)View official text

1 version available

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Timeline

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Senate

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