H.R.3526: To include all banking agencies within the existing regulatory authority under the Federal Trade Commission Act with respect to depository institutions, and for other purposes.

About This Bill

  • This bill was introduced in the 110th Congress
  • This bill is primarily about congress
  • Introduced Sept. 14, 2007
  • Latest Major Action Dec. 6, 2007

Bill Summary

Amends the Federal Trade Commission Act to transfer to each federal banking agency, with respect to depository institutions it supervises, the authority to prescribe regulations governing unfair or deceptive practices by banks and savings and loan institutions currently vested in the Board of Governors of the Federal Reserve System (with respect to banks) and the Federal Home Loan Bank Board (with respect to savings and loan institutions)....

(Source: Library of Congress)

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.3526.

Bill Actions

Date Description
Referred to the Committee on Financial Services, and in addition to the Committee on Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Financial Services
Referred to House Energy and Commerce
Referred to the Subcommittee on Commerce, Trade and Consumer Protection.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by Voice Vote.
Subcommittee Hearings Held.
Subcommittee Consideration and Mark-up Session Held.
Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by Voice Vote.
Reported (Amended) by the Committee on Financial Services. H. Rept. 110-472, Part I.
Reported (Amended) by the Committee on Energy and Commerce. H. Rept. 110-472, Part II.
Placed on the Union Calendar, Calendar No. 294.
Mr. Frank (MA) moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules.
DEBATE - The House proceeded with forty minutes of debate on H.R. 3526.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sept. 14, 2007

Introduced in the House by Barney Frank (D-Mass.)

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