US Congress Senate Bill 4692 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 3-0)
Status: Introduced on September 24 2020 - 25% progression, died in committee
Action: 2020-09-24 - 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]

Sets forth procedures for the issuance of guidance from the Consumer Financial Protection Bureau. Guidance includes written interpretive rules, bulletins, statements of policy, and other generally applicable authoritative documents that are not regulatory actions. The bureau must publish the types of guidance it will provide, the criteria used for selecting the type of guidance, the process for requests for guidance, the process for amending or revoking guidance, and guidelines for determining civil monetary penalties for a violation of consumer financial law.

GUIDE Compliance Act Give Useful Information to Define Effective Compliance Act

Sen. James Lankford [R-OK]

Sen. Thom Tillis [R-NC]

Sen. Tim Scott [R-SC]

Date	Chamber	Action
2020-09-24	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/4692/all-info
Text	https://www.congress.gov/116/bills/s4692/BILLS-116s4692is.pdf