US Congress Senate Bill 2649 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Republican 3-1)
Status: Introduced on October 21 2019 - 25% progression, died in committee
Action: 2019-10-21 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Introduced) [PDF]

(1) sets deadlines for final examination reports and exit interviews of a financial institution by a federal financial regulatory agency, and (2) establishes the Office of Independent Examination Review to adjudicate appeals and investigate complaints from financial institutions concerning examination reports. The bill also requires the establishment of an independent internal agency appellate process at the Consumer Financial Protection Bureau (CFPB) for the review of supervisory determinations made at institutions supervised by the CFPB.

Financial Institutions Examination Fairness and Reform Act

Sen. Jerry Moran [R-KS]

Sen. John Cornyn [R-TX]

Sen. James Inhofe [R-OK]

Sen. Joe Manchin [D-WV]

Date	Chamber	Action
2019-10-21	Senate	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Type	Source
Summary	https://www.congress.gov/bill/116th-congress/senate-bill/2649/all-info
Text	https://www.congress.gov/116/bills/s2649/BILLS-116s2649is.pdf