Skip to main content

S. 2237

Referred to Committee

Financial Institutions Examination Fairness and Reform Act

Introduced 12/14/2017•115th Congress•Senate

Latest Action

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

12/14/2017 • Senate

Summary

Financial Institutions Examination Fairness and Reform Act

This bill amends the Federal Financial Institutions Examination Council Act of 1978 to:  

  • set deadlines for final examination reports and exit interviews of a financial institution by a federal financial regulatory agency, and
  • establish 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.

Introduced in Senate • 12/14/2017

Enter your district to see how this bill affects your community
-

Topics & Subjects

Administrative remediesBank accounts, deposits, capitalBanking and financial institutions regulationCongressional oversightConsumer Financial Protection BureauConsumer creditExecutive agency funding and structureGovernment information and archivesGovernment studies and investigationsJudicial review and appeals

Congressional Votes (0)

No recorded votes yet

Roll call votes will appear here as the bill moves through Congress

Related Federal Spending

Sponsor & Cosponsors (5)

Party Breakdown

1
Democrats
4
Republicans
0
Independents

Sponsor

S[
Sen. Moran, Jerry [R-KS]

Republican • KS

Sponsored 12/14/2017

Cosponsors (4)

S[
Sen. Manchin, Joe, III [D-WV]

D-WV

Joined 12/14/2017

S[
Sen. Enzi, Michael B. [R-WY]

R-WY

Joined 5/10/2018

S[
Sen. Cornyn, John [R-TX]

R-TX

Joined 5/24/2018

S[
Sen. Inhofe, James M. [R-OK]

R-OK

Joined 11/28/2018