H.R.4173: Dodd-Frank Wall Street Reform and Consumer Protection Act

About This Bill

  • This bill was introduced in the 111th Congress
  • This bill is primarily about finance and financial sector
  • Introduced Dec. 2, 2009
  • Latest Major Action July 21, 2010

Bill Summary

(This measure has not been amended since the Conference Report was filed in the House on June 29, 2010. The summary of that version is repeated here.) Dodd-Frank Wall Street Reform and Consumer Protection Act - Title I: Financial Stability - Financial Stability Act of 2010 - Subtitle A: Financial Stability Oversight Council - (Sec. 111) Establishes the Financial Stability Oversight Council (Council), consisting of the heads of specified...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 21 statements associated with H.R.4173.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.4173.

Bill Actions

Date Description
Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, Energy and Commerce, the Judiciary, Rules, the Budget, Oversight and Government Reform, and Ways and Means, 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 Agriculture
Referred to House Energy and Commerce
Referred to House Judiciary
Referred to House Rules
Referred to House Budget
Referred to House Oversight and Government Reform
Referred to House Ways and Means
Referred to the Subcommittee on Commerce, Trade and Consumer Protection.
Rules Committee Resolution H. Res. 956 Reported to House. Rule provides for consideration of H.R. 4173 with 3 hours of general debate. Previous question shall be considered as ordered without intervening motions. Measure will be considered read. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. The amendment printed in the report of the Committee on Rules accompanying this resolution shall be considered as adopted in the House and in the Committee of the Whole. After general debate, the Committee of the Whole shall rise without motion. No further consideration of the bill shall be in order except pursuant to a sebsequent order of the House.
Rule H. Res. 956 passed House.
Considered under the provisions of rule H. Res. 956.
Rule provides for consideration of H.R. 4173 with 3 hours of general debate. Previous question shall be considered as ordered without intervening motions. Measure will be considered read. All points of order against consideration of the bill are waived except those arising under clause 9 or 10 of rule XXI. The amendment printed in the report of the Committee on Rules accompanying this resolution shall be considered as adopted in the House and in the Committee of the Whole. After general debate, the Committee of the Whole shall rise without motion. No further consideration of the bill shall be in order except pursuant to a sebsequent order of the House.
House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 956 and Rule XVIII.
The Speaker designated the Honorable Harry Teague to act as Chairman of the Committee.
GENERAL DEBATE - Pursuant to the provisions of H.Res. 956, the Committee of the Whole proceeded with three hours of general debate on H.R. 4173.
Mr. Frank (MA) moved that the Committee now rise.
On motion that the Committee now rise Agreed to by voice vote.
Committee of the Whole House on the state of the Union rises leaving H.R. 4173 as unfinished business.
Considered as unfinished business.
The House resolved into Committee of the Whole House on the state of the Union for further consideration.
GENERAL DEBATE - The Committee of the Whole resumed general debate on H.R. 4173.
Committee of the Whole House on the state of the Union rises leaving H.R. 4173 as unfinished business.
Rules Committee Resolution H. Res. 964 Reported to House. Rule provides for consideration of H.R. 4173. Measure will be considered read. Specified amendments are in order. The bill, as amended, shall be considered for amendment under the five-minute rule.
Rule H. Res. 964 passed House.
Considered as unfinished business.
The House resolved into Committee of the Whole House on the state of the Union for further consideration.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 30 minutes of debate on the Frank (MA) amendment no. 1.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Frank amendment No. 1, the Chair put the question on adoption of the amendment and by voice vote, announced the ayes had prevailed. Mr. Bachus demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 10 minutes of debate on the Sessions amendment.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Sessions amendment, the Chair put the question on adoption of the amendment and by voice vote, announced the noes had prevailed. Mr. Sessions demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 30 minutes of debate on the Peterson amendment no. 1.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 10 minutes of debate on the Peterson amendment no. 2.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 10 minutes of debate on the Lynch amendment.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Lynch amendment, the Chair put the question on adoption of the amendment and by voice vote, announced the ayes had prevailed. Mr. Lynch demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 10 minutes of debate on the Murphy(NY) amendment.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Murphy (NY) amendment, the Chair put the question on adoption of the amendment and by voice vote, announced the noes had prevailed. Mr. Murphy (NY) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 10 minutes of debate on the Frank(MA) amendment no. 2.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Frank amendment No. 2, the Chair put the question on adoption of the amendment and by voice vote, announced the ayes had prevailed. Mr. Garrett (NJ) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 10 minutes of debate on the Stupak amendment no. 1.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Stupak amendment No. 1, the Chair put the question on adoption of the amendment and by voice vote, announced the noes had prevailed. Mr. Stupak demanded a recorded vote and the Chair po stponed further proceedings on the question of adoption of the amendment until a time to be announced.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 10 minutes of debate on the Stupak amendment no. 2.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Stupak amendment No. 2, the Chair put the question on adoption of the amendment and by voice vote, announced the ayes had prevailed. Mr. Frank (MA) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 10 minutes of debate on the Matsui amendment.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 10 minutes of debate on the Kanjorski amendment.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Kanjorski amendment, the Chair put the question on adoption of the amendment and by voice vote, announced the ayes had prevailed. Mr. Garrett (NJ) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 10 minutes of debate on the McCarthy(CA) amendment.
POSTPONED PROCEEDINGS - At the conclusion of debate on the McCarthy (CA), the Chair put the question on adoption of the amendment and by voice vote, announced the noes had prevailed. Mr. Garrett (NJ) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
Mr. Frank (MA) moved that the Committee now rise.
On motion that the Committee now rise Agreed to by voice vote.
UNFINISHED BUSINESS - The Chair announced that the unfinished business was the question of adoption of amendments which had been debated earlier and on which further proceedings had been postponed.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 20 minutes of debate on the Frank(MA) En Bloc amendment.
Considered as unfinished business.
The House resolved into Committee of the Whole House on the state of the Union for further consideration.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeeded with 10 minutes of debate on the Cohen amendment.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 10 minutes of debate on the Peters amendment.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Peters amendment, the Chair put the question on adoption of the amendment and by voice vote, announced the ayes had prevailed. Mr. Hensarling demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 10 minutes of debate on the Watt amendment.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 10 minutes of debate on the Kanjorski amendment numbered 18.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 10 minutes of debate on the Marshall amendment.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Marshall amendment, the Chair put the question on adoption of the amendment and by voice vote, announced the ayes had prevailed. Mr. Goodlatte demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 10 minutes of debate on the Garrett (NJ) amendment.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 10 minutes of debate on the Schakowsky amendment.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Shakowsky amendment, the Chair put the question on adoption of the amendment and by voice vote, announced the ayes had prevailed. Mr. Hensarling demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 10 minutes of debate on the Kilroy amendment.
The Committee rose informally to receive a message.
The Committee resumed its sitting.
UNFINISHED BUSINESS - The Chair announced that the unfinished business was on the question of adoption of amendments which were debated earlier and on which further proceedings were postponed.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 20 minutes of debate on the Minnick amendment.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Minnick amendment, the Chair put the question on adoption of the amendment and by voice vote, announced the ayes had prevailed. Mr. Frank (MA) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
DEBATE - Pursuant to the provisions of H.Res. 964, the Committee of the Whole proceeded with 30 minutes of debate on the Bachus amendment in the nature of a substitute, as modified.
POSTPONED PROCEEDINGS - At the conclusion of debate on the Bachus amendment, the Chair put the question on adoption of the amendment and by voice vote, announced the noes had prevailed. Mr. Bachus demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
The House rose from the Committee of the Whole House on the state of the Union to report H.R. 4173.
The House adopted the amendments en gross as agreed to by the Committee of the Whole House on the state of the Union.
Mr. Dent moved to recommit with instructions to Financial Services, Agriculture, Energy and Commerce, Judiciary, Rules, the Budget, Oversight and Government Reform, and Ways and Means.
DEBATE - The House proceeded with 10 minutes of debate on the Dent motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment repealing the troubled assest relief program.
The previous question on the motion was ordered pursuant to the rule.
On motion to recommit with instructions Failed by recorded vote: 190 - 232 (Roll no. 967).
On passage Passed by recorded vote: 223 - 202 (Roll no. 968).
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.
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.
Measure laid before Senate by unanimous consent.
Senate struck all after the Enacting Clause and substituted the language of S.3217 amended.
Passed Senate in lieu of S. 3217 with an amendment and an amendment to the Title by Yea-Nay Vote. 59 - 39. Record Vote Number: 162.
See also S. 3217.
Senate insisted on its amendments, requested a conference.
Considered by Senate.
Motion by Senator Brownback to instruct Senate conferees made in Senate.
Motion by Senator Hutchison to instruct Senate conferees made in Senate.
Motion by Senator Brownback to instruct Senate conferees to insist that the final conference report include the House position relating to the exclusion for motor vehicle dealers from the rulemaking, supervisory, enforcement, or other authority granted to the Director of the Consumer Financial Protection Agency, as such exclusion is contained in section 4205 of H.R. 4173, as passed by the House, and that the final conference report preserves the additional provisions, definitions, and protections provided to such motor vehicle dealers and servicemembers and their families in Senate amendment 3789, as further modified, to S. 3217 agreed to in Senate by Yea-Nay Vote. 60 - 30. Record Vote Number: 163.
Motion by Senator Hutchison to instruct Senate conferees to insist that the final conference report ensure that proprietary trading restrictions do not prevent insurance company affiliates of depository institutions from engaging in such trading as part of the ordinary business of insurance, especially insurance company affiliates serving military service members and their families, as such restrictions would result in higher costs and significant inconveniences to those sacrificing in service to our country agreed to in Senate by Yea-Nay. 87 - 4. Record Vote Number: 164.
Senate appointed conferee(s) Dodd; Johnson; Reed; Schumer; Shelby; Crapo; Corker; Gregg; Lincoln; Leahy; Harkin; Chambliss.
Message on Senate action sent to the House.
Senate ordered measure printed as passed.
Mr. Frank (MA) moved that the House disagree to the Senate amendments, and agree to a conference.
On motion that the House disagree to the Senate amendments, and agree to a conference Agreed to without objection.
Mr. Bachus moved that the House instruct conferees.
DEBATE - The House proceeded with one hour of debate on the Bachus motion to instruct conferees on H.R. 4173. The instructions contained in the motion seek to require the managers on the part of the House to disagree to the provisions contained in subtitle G of title I of the House bill and to disagree to section 202 and section 210 of title II of the Senate amendment. The instructions in the motion also seek to require the managers on the part of the House to not record their approval of the final conference agreement unless the text of such agreement has been available to the managers in an electronic, searchable, and downloadable form for at least 72 hours.
The previous question was ordered without objection.
On motion that the House instruct conferees Failed by the Yeas and Nays: 198 - 217 (Roll no. 343).
Motion to reconsider laid on the table Agreed to without objection.
The Speaker appointed conferees - from the Committee on Financial Services for consideration of the House bill and the Senate amendment, and modifications committed to conference: Frank (MA), Kanjorski, Waters, Maloney, Gutierrez, Watt, Meeks (NY), Moore (KS), Kilroy, Peters, Bachus, Royce, Biggert, Capito, Hensarling, and Garrett (NJ).
The Speaker appointed conferees - from the Committee on Agriculture for consideration of subtitles A and B of title I, secs. 1303, 1609, 1702, 1703, title III (except secs. 3301 and 3302), secs. 4205(c), 4804(b)(8)(B), 5008, and 7509 of the House bill, and sec. 102, subtitle A of title I, secs. 406, 604(h), title VII, title VIII, secs. 983, 989E, 1027(j), 1088(a)(8), 1098, and 1099 of the Senate amendment, and modifications committed to conference: Peterson, Boswell, and Lucas.
The Speaker appointed conferees - from the Committee on Energy and Commerce for consideration of secs. 3009, 3102(a)(2), 4001, 4002, 4101-4114, 4201, 4202, 4204-4210, 4301-4311, 4314, 4401-4403, 4410, 4501-4509, 4601-4606, 4815, 4901, and that portion of sec. 8002(a)(3) which adds a new sec. 313(d) to title 31, United States Code, of the House bill, and that portion of sec. 502(a)(3) which adds a new sec. 313(d) to title 31, United States Code, secs. 722(e), 1001, 1002, 1011-1018, 1021-1024, 1027-1029, 1031-1034, 1036, 1037, 1041, 1042, 1048, 1051-1058, 1061-1067, 1101, and 1105 of the Senate amendment, and modifications committed to conference: Waxman, Rush, and Barton (TX).
The Speaker appointed conferees - from the Committee on the Judiciary for consideration of secs. 1101(e)(2), 1103(e)(2), 1104(i)(5) and (i)(6), 1105(h) and (i), 1110(c) and (d), 1601, 1605, 1607, 1609, 1610, 1612(a), 3002(c)(3) and (c)(4), 3006, 3119, 3206, 4205(n), 4306(b), 4501-4509, 4603, 4804(b)(8)(A), 4901(c)(8)(D) and (e), 6003, 7203(a), 7205, 7207, 7209, 7210, 7213-7216, 7220, 7302, 7507, 7508, 9004, 9104, 9105, 9106(a), 9110(b), 9111, 9118, 9203(c), and 9403(b) of the House bill, and secs.112(b)(5)(B), 113(h), 153(f), 201, 202, 205, 208-210, 211(a) and (b), 316, 502(a)(3), 712(c), 718(b), 723(a)(3), 724(b), 725(c), 728, 731, 733, 735(b), 744, 748, 753, 763(a), (c) and (i), 764, 767, 809(f), 922, 924, 929B, 932, 991(b)(5), (c)(2)(G) and (c)(3)(H), 1023(c)(7) and (c)(8), 1024(c)(3)(B), 1027(e), 1042, 1044(a), 1046(a), 1047, 1051-1058, 1063, 1088(a)(7)(A), 1090, 1095, 1096, 1098, 1104, 1151(b), and 1156(c) of the Senate amendment, and modifications committed to conference: Conyers, Berman, and Smith (TX).
The Speaker appointed conferees - from the Committee on Oversight and Government Reform for consideration of secs. 1000A, 1007, 1101(e)(3), 1203(d), 1212, 1217, 1254(c), 1609(h)(8)(B), 1611(d), 3301, 3302, 3304, 4106(b)(2) and (g)(4)(D), 4604, 4801, 4802, 5004, 7203(a), 7409, and 8002(a)(3) of the House bill, and secs. 111(g), (i) and (j), 152(d)(2), (g) and (k), 210(h)(8), 319, 322, 404, 502(a)(3), 723(a)(3), 748, 763(a), 809(g), 922(a), 988, 989B, 989C, 989D, 989E, 1013(a), 1022(c)(6), 1064, 1152, and 1159(a) and (b) of the Senate amendment, and modifications committed to conference: Towns, Cummings, and Issa.
The Speaker appointed conferees - from the Committee on Small Business for consideration of secs. 1071 and 1104 of the Senate amendment, and modifications committed to conference: Velazquez, Shuler, and Graves.
Conference held.
Conference held.
Conference held.
Conference held.
Conference held.
Conference held.
Conference held.
Conferees agreed to file conference report.
Conference report H. Rept. 111-517 filed.
Rules Committee Resolution H. Res. 1490 Reported to House. Rule provides for consideration of the conference report to H.R. 4173 with 2 hours of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. All points of order against the conference report and against its consideration are waived.
Rule H. Res. 1490 passed House.
Mr. Frank (MA) brought up conference report H. Rept. 111-517 for consideration under the provisions of H. Res. 1490.
DEBATE - Pursuant to the provisions of H.Res. 1490, the House proceeded with 2 hours of debate on the conference report to accompany H.R. 4173.
The previous question was ordered pursuant to the rule.
Mr. Bachus moved to recommit with instructions to the conference committee.
The previous question on the motion was ordered without objection.
On motion to recommit the conference report with instructions Failed by the Yeas and Nays: 198 - 229 (Roll no. 412).
On agreeing to the conference report Agreed to by the Yeas and Nays: 237 - 192 (Roll no. 413).
Motions to reconsider laid on the table Agreed to without objection.
Conference papers: Senate report and manager's statement and message on House action held at the desk in Senate.
Motion to proceed to consideration of the conference report to accompany H.R. 4173 agreed to in Senate by Voice Vote.
Conference report considered in Senate.
Cloture motion on the conference report to accompany H.R. 4173 presented in Senate.
Conference report considered in Senate.
Cloture on the conference report to accompany H.R. 4173 invoked in Senate by Yea-Nay Vote. 60 - 38. Record Vote Number: 206.
Point of order on the conference report to accompany H.R. 4173 raised in Senate.
Motion to waive all applicable budgetary discipline on the conference report with respect to the measure made in Senate.
Motion to waive all applicable budgetary discipline with respect to the conference report agreed to in Senate by Yea-Nay Vote. 60 - 39. Record Vote Number: 207.
Senate agreed to conference report by Yea-Nay Vote. 60 - 39. Record Vote Number: 208.
Message on Senate action sent to the House.
Cleared for White House.
Presented to President.
Signed by President.
Became Public Law No: 111-203.
Dec. 2, 2009

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

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