S.2055: A bill to amend the Federal Deposit Insurance Act with respect to the protection of certain information.

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about finance and financial sector
  • Introduced Feb. 1, 2012
  • Latest Major Action Feb. 1, 2012

Bill Summary

Amends the Federal Deposit Insurance Act to prohibit information submitted to the Consumer Financial Protection Bureau (CFPB) in the course of any supervisory or regulatory process from being construed as affecting any privilege the submitter may claim about that information under federal or state law as to any person or entity other than the CFPB.

(Source: Library of Congress)

Bill Actions

Date Description
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb. 1, 2012

Introduced in the Senate by Richard C. Shelby (R-Ala.)

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