H.R.1491: FINTECH Act of 2019

About This Bill

  • Introduced March 4, 2019
  • Latest Major Action March 27, 2019

Bill Sponsor

Bill Version

Bill Summary

Facilitating Innovation and New Technology so Entrepreneurs Create and Hire Act of 2019 or the FINTECH Act of 2019 This bill addresses the regulation of financial technology (fintech) start-ups. The FinTech Council is established within the Department of the Treasury. The council must designate, upon request by a fintech start-up, which federal financial regulators have exclusive oversight authority over that start-up. This designation lasts...

(Source: Library of Congress)

Bill Actions

Date Description
March 27, 2019
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
March 5, 2019
Referred to the Subcommittee on Consumer Protection and Commerce.
March 4, 2019
Referred to the Committee on Financial Services, and in addition to the Committees on Agriculture, and 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.
March 4, 2019

Introduced in the House by David Scott (D-Ga.)

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