To increase from $10,000,000,000 to $50,000,000,000 the threshold figure at which regulated depository institutions are subject to direct examination and reporting requirements of the Bureau of Consumer Financial Protection, and for other purposes.
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
Bureau of Consumer Financial Protection Examination and Reporting Threshold Act of 2017
(Sec. 2) This bill amends the Consumer Financial Protection Act of 2010 to raise, from $10 billion to $50 billion in assets, the threshold at which an insured depository institution or insured credit union is subject to: (1) the Act's reporting requirements, and (2) direct examination by the Consumer Financial Protection Bureau.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 39 - 21.
Reported by the Committee on Financial Services. H. Rept. 115-420.
Reported by the Committee on Financial Services. H. Rept. 115-420.
Placed on the Union Calendar, Calendar No. 311.
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