3.0.0 3310 2023-01-11T13:18:26Z 2023-01-11T13:18:26Z House H HR 2009-07-23 111 hsag00 Agriculture Committee House Standing hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee Referred to 2010-06-22T18:59:40Z Referred to 2009-07-23T14:03:49Z hsed00 Education and the Workforce Committee House Standing hsed02 Health, Employment, Labor, and Pensions Subcommittee Referred to 2009-10-22T20:48:31Z Referred to 2009-07-23T14:03:46Z hsju00 Judiciary Committee House Standing hsju09 Commercial and Administrative Law Subcommittee Referred to 2009-08-19T15:17:00Z Referred to 2009-07-23T14:03:48Z hspw00 Transportation and Infrastructure Committee House Standing hspw12 Highways and Transit Subcommittee Referred to 2009-07-24T16:26:12Z Referred to 2009-07-23T14:03:47Z hsif00 Energy and Commerce Committee House Standing hsif17 Innovation, Data, and Commerce Subcommittee Referred to 2009-07-24T15:26:15Z Referred to 2009-07-23T14:04:41Z hsru00 Rules Committee House Standing Referred to 2009-07-23T14:04:40Z hsbu00 Budget Committee House Standing Referred to 2009-07-23T14:04:39Z hsgo00 Oversight and Accountability Committee House Standing Referred to 2009-07-23T14:03:50Z hsba00 Financial Services Committee House Standing Referred to 2009-07-23T14:03:25Z 2010-06-22 hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee 1 House committee actions Referred to the Subcommittee on General Farm Commodities and Risk Management. Committee 2009-10-22 hsed02 Health, Employment, Labor, and Pensions Subcommittee 1 House committee actions Referred to the Subcommittee on Health, Employment, Labor, and Pensions. Committee 2009-08-19 hsju09 Commercial and Administrative Law Subcommittee 1 House committee actions Referred to the Subcommittee on Commercial and Administrative Law. Committee 2009-07-24 hspw12 Highways and Transit Subcommittee 1 House committee actions Referred to the Subcommittee on Highways and Transit. Committee 2009-07-24 hsif17 Innovation, Data, and Commerce Subcommittee 1 House committee actions Referred to the Subcommittee on Commerce, Trade and Consumer Protection. Committee 2009-07-24 Sponsor introductory remarks on measure. (CR E1965-1967) IntroReferral B00100 9 Library of Congress 2009-07-23 Referred to House Energy and Commerce IntroReferral H11100 2 House floor actions hsif00 Energy and Commerce Committee 2009-07-23 Referred to House Rules IntroReferral H11100 2 House floor actions hsru00 Rules Committee 2009-07-23 Referred to House Budget IntroReferral H11100 2 House floor actions hsbu00 Budget Committee 2009-07-23 Referred to House Oversight and Government Reform IntroReferral H11100 2 House floor actions hsgo00 Oversight and Accountability Committee 2009-07-23 Referred to House Agriculture IntroReferral H11100 2 House floor actions hsag00 Agriculture Committee 2009-07-23 Referred to House Judiciary IntroReferral H11100 2 House floor actions hsju00 Judiciary Committee 2009-07-23 Referred to House Transportation and Infrastructure IntroReferral H11100 2 House floor actions hspw00 Transportation and Infrastructure Committee 2009-07-23 Referred to House Education and Labor IntroReferral H11100 2 House floor actions hsed00 Education and the Workforce Committee 2009-07-23 Referred to the Committee on Financial Services, and in addition to the Committees on Education and Labor, Transportation and Infrastructure, the Judiciary, Agriculture, Oversight and Government Reform, the Budget, Rules, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100-A 9 Library of Congress 2009-07-23 Referred to House Financial Services IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2009-07-23 Introduced in House IntroReferral Intro-H 9 Library of Congress 2009-07-23 Introduced in House IntroReferral 1000 9 Library of Congress B000013 Rep. Bachus, Spencer [R-AL-6] SPENCER BACHUS R AL 6 N B000589 Rep. Boehner, John A. [R-OH-8] JOHN BOEHNER R OH A. 8 2009-07-23 True C001046 Rep. Cantor, Eric [R-VA-7] ERIC CANTOR R VA 7 2009-07-23 True P000587 Rep. Pence, Mike [R-IN-6] MIKE PENCE R IN 6 2009-07-23 True S000583 Rep. Smith, Lamar [R-TX-21] LAMAR SMITH R TX 21 2009-07-23 True F000448 Rep. Franks, Trent [R-AZ-2] Trent Franks R AZ 2 2009-07-23 True I000056 Rep. Issa, Darrell E. [R-CA-49] DARRELL ISSA R CA E. 49 2009-07-23 True N000182 Rep. Neugebauer, Randy [R-TX-19] Randy Neugebauer R TX 19 2009-07-23 True G000548 Rep. Garrett, Scott [R-NJ-5] Scott Garrett R NJ 5 2009-07-23 True H001036 Rep. Hensarling, Jeb [R-TX-5] Jeb Hensarling R TX 5 2009-07-23 True P000591 Rep. Price, Tom [R-GA-6] Tom Price R GA 6 2009-07-23 True B001232 Rep. Biggert, Judy [R-IL-13] JUDY BIGGERT R IL 13 2009-07-23 True C001047 Rep. Capito, Shelley Moore [R-WV-2] Shelley Capito R WV Moore 2 2009-07-23 True J000255 Rep. Jones, Walter B., Jr. [R-NC-3] WALTER JONES R NC B. 3 2009-07-23 True P000599 Rep. Posey, Bill [R-FL-15] Bill Posey R FL 15 2009-07-23 True L000567 Rep. Lance, Leonard [R-NJ-7] Leonard Lance R NJ 7 2009-07-23 True M001158 Rep. Marchant, Kenny [R-TX-24] Kenny Marchant R TX 24 2009-07-23 True R000487 Rep. Royce, Edward R. [R-CA-40] ED ROYCE R CA 40 2009-07-23 True L000568 Rep. Lee, Christopher J. [R-NY-26] Christopher Lee R NY J. 26 2009-07-23 True L000491 Rep. Lucas, Frank D. [R-OK-3] FRANK LUCAS R OK D. 3 2009-07-23 True R000580 Rep. Roskam, Peter J. [R-IL-6] Peter Roskam R IL J. 6 2009-07-23 True B001256 Rep. Bachmann, Michele [R-MN-6] Michele Bachmann R MN 6 2009-07-23 True J000290 Rep. Jenkins, Lynn [R-KS-2] Lynn Jenkins R KS 2 2009-07-23 True B001239 Rep. Barrett, J. Gresham [R-SC-3] J. Barrett R SC Gresham 3 2009-07-23 True S001176 Rep. Scalise, Steve [R-LA-1] Steve Scalise R LA 1 2009-07-23 True G000289 Rep. Goodlatte, Bob [R-VA-6] ROBERT GOODLATTE R VA W. 6 2009-07-23 True G000549 Rep. Gerlach, Jim [R-PA-6] Jim Gerlach R PA 6 2009-07-23 True R000570 Rep. Ryan, Paul [R-WI-1] PAUL RYAN R WI 1 2009-07-23 True S000250 Rep. Sessions, Pete [R-TX-32] PETE SESSIONS R TX 32 2009-07-24 False P000373 Rep. Pitts, Joseph R. [R-PA-16] JOSEPH PITTS R PA R. 16 2009-07-24 False S000364 Rep. Shimkus, John [R-IL-19] JOHN SHIMKUS R IL M. 19 2009-07-24 False M001134 Rep. Myrick, Sue Wilkins [R-NC-9] SUE MYRICK R NC WILKINS 9 2009-07-24 False H000528 Rep. Herger, Wally [R-CA-2] WALLY HERGER R CA 2 2009-07-28 False L000564 Rep. Lamborn, Doug [R-CO-5] Doug Lamborn R CO 5 2009-07-28 False K000363 Rep. Kline, John [R-MN-2] John Kline R MN 2 2009-07-30 False W000804 Rep. Wittman, Robert J. [R-VA-1] Robert Wittman R VA J. 1 2009-07-30 False B000575 Rep. Blunt, Roy [R-MO-7] ROY BLUNT R MO 7 2009-07-31 False F000450 Rep. Foxx, Virginia [R-NC-5] Virginia Foxx R NC 5 2009-09-14 False K000220 Rep. Kingston, Jack [R-GA-1] JACK KINGSTON R GA 1 2009-09-16 False G000552 Rep. Gohmert, Louie [R-TX-1] Louie Gohmert R TX 1 2009-09-16 False F000444 Rep. Flake, Jeff [R-AZ-6] JEFF FLAKE R AZ 6 2009-09-23 False A000365 Rep. Austria, Steve [R-OH-7] Steve Austria R OH 7 2009-10-21 False F000445 Rep. Forbes, J. Randy [R-VA-4] J. Forbes R VA Randy 4 2009-12-08 False L000321 Rep. Linder, John [R-GA-7] JOHN LINDER R GA 7 2009-12-08 False H001048 Rep. Hunter, Duncan D. [R-CA-52] Duncan Hunter R CA D. 52 2010-04-15 False F000372 Rep. Frelinghuysen, Rodney P. [R-NJ-11] RODNEY FRELINGHUYSEN R NJ 11 2010-04-22 False O000168 Rep. Olson, Pete [R-TX-22] Pete Olson R TX 22 2010-04-22 False W000795 Rep. Wilson, Joe [R-SC-2] Joe Wilson R SC 2 2010-06-30 False Finance and Financial Sector Accounting and auditing Administrative law and regulatory procedures Bank accounts, deposits, capital Banking and financial institutions regulation Bankruptcy Business investment and capital Civil actions and liability Congressional oversight Consumer affairs Consumer credit Credit and credit markets Department of the Treasury Executive agency funding and structure Federal Deposit Insurance Corporation (FDIC) Federal Reserve System Financial crises and stabilization Financial services and investments Foreign and international banking Fraud offenses and financial crimes Government corporations and government-sponsored enterprises Government lending and loan guarantees Government studies and investigations Housing finance and home ownership Inflation and prices Legislative rules and procedure Monetary policy National Credit Union Administration Public contracts and procurement Securities Securities and Exchange Commission (SEC) Finance and Financial Sector 00 2009-07-23 Introduced in House 2009-11-03T22:16:25Z Consumer Protection and Regulatory Enhancement Act - Amends the Judicial Code to prescribe the venue for cases involving non-bank financial institutions.

Amends federal bankruptcy law to prescribe procedures for the adjustment of the debts of a non-bank financial institution.

Establishes the Market Stability and Capital Adequacy Board (Board) to: (1) monitor the interactions of various sectors of the financial system; and (2) identify risks that could endanger the stability and soundness of the system.

Establishes in the executive branch the Financial Institutions Regulator (FIR), comprising a Federal Banking Division and a State Banking Division, to exercise all powers, duties, and authorities formerly vested in the Comptroller of the Currency.

Transfers to FIR all regulatory functions of: (1) the Board of Governors of the Federal Reserve System (the Federal Reserve Board); (2) the Director of the Office of Thrift Supervision (OTS); and (3) the Federal Deposit Insurance Corporation (FDIC) regarding state non-member banks.

Abolishes the OTS and the Office (and position) of Comptroller of the Currency.

Moves the National Credit Union Administration (NCUA) within the FIR.

Establishes within the FIR an Office of Consumer Protection (OCP).

Directs the Comptroller General to complete and report to Congress on the audit of the Federal Reserve Board and the federal reserve banks.

Amends the Federal Reserve Act to instruct the Federal Reserve Board and the Federal Open Market Committee (FOMC) to: (1) establish and implement an explicit numerical definition of the term "price stability"; and (2) maintain a monetary policy that effectively promotes long-term price stability.

Revises requirements with respect to the emergency powers of the Federal Reserve Board.

Government-Sponsored Enterprises Free Market Reform Act of 2009 - Requires the Director of the Federal Housing Finance Agency (FHFA) to terminate the conservatorship of the Federal National Mortgage Association (Fannie Mae) or the Federal Home Loan Mortgage Corporation (Freddie Mac), also known as government-sponsored enterprises (GSEs), if at the end of a specified period the GSE is financially viable. Requires the Director, if a GSE is not financially viable, to appoint the FHFA as receiver for it.

Amends the Housing and Community Development Act of 1992 to restrict the mortgage assets of a GSE upon its emergence from conservatorship. Requires the FHFA Director to revise minimum capital levels for the GSEs.

Amends the Economic Stimulus Act of 2008 and the American Recovery and Reinvestment Act of 2009 to repeal temporary increases to conforming loan limits for the GSEs. Establishes new conforming loan limits for the year in which the conservatorships expire.

Amends the Federal National Mortgage Association Charter Act and the Federal Home Loan Mortgage Corporation Act to subject the GSEs to state and local taxes.

Directs the FHFA Director to establish and collect assessments from each GSE to recoup the costs for the federal guarantee.

Requires: (1) periodic renewals of GSE charters; and (2) wind down and dissolution in the event of non-renewal.

Repeals security credit rating requirements in designated federal laws and federal regulations, including: (1) the Securities Exchange Act of 1934; (2) the Investment Advisers Act of 1940; and (3) the Higher Education Act of 1965.

Amends the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, and the Investment Company Act of 1940 to: (1) authorize the Securities and Exchange Commission (SEC) to impose civil penalties in cease and desist proceedings; and (2) provide for nationwide service of subpoenas.

Authorizes appropriations for the Financial Crimes Enforcement Network (FinCEN).

Amends the Sarbanes-Oxley Act of 2002 to revise conditions under which a civil penalty obtained for violations of securities laws shall become part of a disgorgement fund for the benefit of the victims of such violation.

Amends the Securities Exchange Act of 1934 to authorize the SEC to contract for the collection of delinquent judgments and orders.

]]> Consumer Protection and Regulatory Enhancement Act Display Title Consumer Protection and Regulatory Enhancement Act Official Title as Introduced To reform the financial regulatory system of the United States, and for other purposes. Introduced in House IH Short Titles as Introduced Consumer Protection and Regulatory Enhancement Act Short Titles as Introduced for portions of this bill Government-Sponsored Enterprises Free Market Reform Act of 2009 Introduced in House 2009-07-23T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111hr3310ih/xml/BILLS-111hr3310ih.xml 2010-06-22 Referred to the Subcommittee on General Farm Commodities and Risk Management. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.