118th Congress · HOUSE BILLBILL

H.R. 4737 — Stop Executive Capture of Banking Regulators Act

“To require Federal banking regulators to report on the implementation of recommendations from the FSOC Chairperson and Executive Orders, and for other purposes.”

Finance and financial sector

Introduced Jul 19, 2023

Last action Jul 19, 2023

Pipeline · Bill → Law

Step 1

Introduced

Jul 19, 2023

Step 2

Referred

Jul 19, 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 banking and financial regulatory entities to report to Congress prior to implementing a non-binding recommendation from the Financial Stability Oversight Council or contained in an Executive Order. This requirement applies to 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 Administration.

Provisions · 2 sectionsIntroduced in House

Timeline · 2 actions

Jul 19, 2023

Introduced in House

Jul 19, 2023

Referred to the House Committee on Financial Services.