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- H.R.189
H.R.189: Financial Institution Customer Protection Act of 2019
About This Bill
- Introduced Jan. 3, 2019
- Latest Major Action Jan. 3, 2019
Bill Sponsor
Bill Version
- Introduced in House - Jan. 3, 2019
Bill Summary
Financial Institution Customer Protection Act of 2019 This bill specifies that a federal banking agency may not request or order a depository institution to terminate a customer account unless (1) the agency has a valid reason for doing so, and (2) that reason is not based solely on reputation risk. Valid reasons for terminating an account include threats to national security and involvement in terrorist financing, including state sponsorship...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Jan. 3, 2019 |
Referred to the House Committee on Financial Services.
|
| Jan. 3, 2019 |
Introduced in the House by Blaine Luetkemeyer (R-Mo.) |