3.0.0 3005 2023-01-11T13:16:31Z 2023-01-11T13:16:31Z Senate S S 2010-02-04 111 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2010-02-04T23:53:25Z 2010-02-04 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S497-500) IntroReferral 2010-02-04 Sponsor introductory remarks on measure. (CR S496) IntroReferral B00100 9 Library of Congress 2010-02-04 Introduced in Senate IntroReferral 10000 9 Library of Congress R000122 Sen. Reed, Jack [D-RI] John Reed D RI F. N Finance and Financial Sector Banking and financial institutions regulation Executive agency funding and structure Financial services and investments Government information and archives Securities Finance and Financial Sector 00 2010-02-04 Introduced in Senate 2010-04-01T21:04:02Z National Institute of Finance Act of 2010 - Establishes an independent National Institute of Finance (NIF) to support the federal financial regulatory agencies, including any systemic risk council or agency established by Congress, by: (1) collecting and providing data; (2) standardizing the types and formats of data reported and collected; (3) performing applied research and essential long-term research; (4) developing tools for risk measurement and monitoring; and (5) making the results of its activities available to financial regulatory agencies.

Requires the NIF Director to be appointed by the President, by and with the advice and consent of the Senate, and the NIF to be funded through assessments on the financial entities required to report data to it.

States that the Institute shall implement its programmatic responsibilities through: (1) the Federal Financial Data Center; and (2) the Federal Financial Research and Analysis Center.

]]> National Institute of Finance Act of 2010 Display Title National Institute of Finance Act of 2010 Official Title as Introduced A bill to create an independent research institute, to be known as the "National Institute of Finance", that will oversee the collection and standardization of data on financial entities and activities, and conduct monitoring and other research and analytical activities to support the work of the Federal financial regulatory agencies and the Congress. Introduced in Senate IS Short Titles as Introduced National Institute of Finance Act of 2010 Introduced in Senate 2010-02-04T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-111s3005is/xml/BILLS-111s3005is.xml 2010-02-04 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S497-500) 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.