118th Congress · HOUSE BILLBILL

H.R. 4649Ensuring U.S. Authority over U.S. Banking Regulations Act

To provide for additional requirements when Federal banking agencies undertake rulemakings that implement policies of non-governmental international organizations, to require Federal banking agencies to report on certain covered international organizations, and for other purposes.

Finance and financial sector
Introduced Jul 14, 2023
Last action Jul 14, 2023
Pipeline · Bill → Law
Step 1
Introduced
Jul 14, 2023
Step 2
Referred
Jul 14, 2023
Financial Services
Step 3
Committee
Step 4
House floor
Step 5
Senate
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary

This bill requires specified banking regulatory entities to make certain disclosures when engaging with or implementing major rules to conform with recommendations from certain non-governmental international organizations. Specifically, the Board of Governors of the Federal Reserve System, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the National Credit Union Administration, and the Federal Housing Finance Agency must submit to Congress notice, testimony, and a detailed economic analysis with respect to the proposed or final rule prior to its issuance. Further, in order to engage with certain international organizations about climate-related fin...

Provisions · 3 sectionsIntroduced in House
Timeline · 2 actions
Jul 14, 2023
Introduced in House
Jul 14, 2023
Referred to the House Committee on Financial Services.