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- H.R.4881
H.R.4881: To place a 6-month moratorium on the authority of the Financial Stability Oversight Council to make financial stability determinations.
About This Bill
- Introduced June 17, 2014
- Latest Major Action June 20, 2014
Bill Sponsor
Bill Cosponsors
8 (All Republicans)
Bill Summary
Establishes a six-month moratorium during which the Financial Stability Oversight Council is prohibited from making a determination under the Financial Stability Act of 2010 that a U.S. nonbank financial company shall be supervised by the Board of Governors of the Federal Reserve System and be subject to prudential standards, if the Council determines that material financial distress at the company (or its nature, scope, size, scale,...
(Source: Library of Congress)
Congressional Budget Office Estimate
Bill Actions
| Date | Description |
|---|---|
| June 20, 2014 |
Ordered to be Reported by the Yeas and Nays: 32 - 27.
|
| June 20, 2014 |
Committee Consideration and Mark-up Session Held.
|
| June 17, 2014 |
Referred to the House Committee on Financial Services.
|
| June 17, 2014 |
Introduced in the House by Randy Neugebauer (R-Texas) |