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    <number>4247</number>
    <updateDate>2023-01-11T13:38:07Z</updateDate>
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    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2017-11-03</introducedDate>
    <congress>115</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 163, Number 179 (Friday, November 3, 2017)]From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. BUDD:H.R. 4247.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3, providing the power to``regulate commerce with foreign nations and among theseveral states.''[Page H8496]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
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            <name>Reported by</name>
            <date>2019-01-02T17:51:37Z</date>
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        <citation>H. Rept. 115-1119</citation>
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        <title>Financial CHOICE Act of 2017</title>
        <congress>115</congress>
        <number>10</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2017-07-13</actionDate>
          <text>Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-108.</text>
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        <text>Reported by the Committee on Financial Services. H. Rept. 115-1119.</text>
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        <text>Ordered to be Reported by the Yeas and Nays: 33 - 25.</text>
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        <text>Committee Consideration and Mark-up Session Held.</text>
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    <sponsors>
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        <bioguideId>B001305</bioguideId>
        <fullName>Rep. Budd, Ted [R-NC-13]</fullName>
        <firstName>Ted</firstName>
        <lastName>Budd</lastName>
        <party>R</party>
        <state>NC</state>
        <district>13</district>
        <isByRequest>N</isByRequest>
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    <policyArea>
      <name>Finance and Financial Sector</name>
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          <name>Banking and financial institutions regulation</name>
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          <name>Credit and credit markets</name>
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        <actionDate>2017-11-03</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2018-07-25T20:58:17Z</updateDate>
        <text><![CDATA[ <p><b>Restoring Financial Market Freedom Act of 2017</b></p> <p>This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the authority of the Financial Stability Oversight Council to designate financial market utilities (i.e., payment, clearing, and settlement systems) as &quot;systemically important&quot; (also known as &quot;too big to fail&quot;). Under current law, entities so designated are subject to additional regulatory restrictions.]]></text>
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    <title>Restoring Financial Market Freedom Act of 2017</title>
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        <title>Restoring Financial Market Freedom Act of 2017</title>
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        <title>Restoring Financial Market Freedom Act of 2017</title>
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        <title>Restoring Financial Market Freedom Act of 2017</title>
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        <title>To repeal title VIII of the Dodd-Frank Wall Street Reform and Consumer Protection Act.</title>
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        <date>2019-01-02T05:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-115hr4247rh/xml/BILLS-115hr4247rh.xml</url>
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        <type>Introduced in House</type>
        <date>2017-11-03T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-115hr4247ih/xml/BILLS-115hr4247ih.xml</url>
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    <latestAction>
      <actionDate>2019-01-02</actionDate>
      <text>Placed on the Union Calendar, Calendar No. 886.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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