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- H.R.2989
H.R.2989: Financial Transparency Act of 2021
About This Bill
- Introduced May 4, 2021
- Latest Major Action Oct. 26, 2021
Bill Sponsor
Bill Cosponsor
Bill Versions
- Referred in Senate - Oct. 26, 2021
- Engrossed in House - Oct. 25, 2021
- Introduced in House - May 4, 2021
Bill Summary
Financial Transparency Act of 2021 This bill requires federal financial regulatory agencies to adopt specified data standards with respect to format, searchability, and transparency. The bill also decreases, beginning September 30, 2031, the cap on the surplus funds of the Federal Reserve banks. (Amounts exceeding this cap are deposited in the general fund of the Treasury.)
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| Oct. 26, 2021 |
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
|
| Oct. 25, 2021 |
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 400 - 19 (Roll no. 333).
|
| Oct. 25, 2021 |
Considered as unfinished business.
|
| Oct. 25, 2021 |
Considered under suspension of the rules.
|
| Oct. 25, 2021 |
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 400 - 19 (Roll no. 333). (text: CR H5840-5846)
|
| Oct. 25, 2021 |
Considered as unfinished business. (consideration: CR H5854-5855)
|
| Oct. 25, 2021 |
Considered under suspension of the rules. (consideration: CR H5840-5848)
|
| Oct. 25, 2021 |
Motion to reconsider laid on the table Agreed to without objection.
|
| Oct. 25, 2021 |
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
|
| Oct. 25, 2021 |
DEBATE - The House proceeded with forty minutes of debate on H.R. 2989.
|
| Oct. 25, 2021 |
Ms. Waters moved to suspend the rules and pass the bill, as amended.
|
| June 21, 2021 |
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
|
| May 4, 2021 |
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, 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.
|
| May 4, 2021 |
Introduced in the House by Carolyn B. Maloney (D-N.Y.) |