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    <number>5470</number>
    <updateDate>2023-01-11T13:39:53Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:39:53Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2018-04-11</introducedDate>
    <congress>115</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 164, Number 58 (Wednesday, April 11, 2018)]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. 5470.Congress has the power to enact this legislation pursuantto the following:This bill is enacted pursuant to the power granted toCongress under Article I, Section 8, Clause 3 of the UnitedStates Constitution.[Page H3147]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
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            <name>Referred to</name>
            <date>2018-04-11T14:00:20Z</date>
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        <actionDate>2018-04-11</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
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        <actionDate>2018-04-11</actionDate>
        <text>Introduced in House</text>
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        <actionDate>2018-04-11</actionDate>
        <text>Introduced in House</text>
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    <sponsors>
      <item>
        <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>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>M001195</bioguideId>
        <fullName>Rep. Mooney, Alexander X. [R-WV-2]</fullName>
        <firstName>Alexander</firstName>
        <lastName>Mooney</lastName>
        <party>R</party>
        <state>WV</state>
        <middleName>X.</middleName>
        <district>2</district>
        <sponsorshipDate>2018-04-11</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Banking and financial institutions regulation</name>
        </item>
        <item>
          <name>Department of the Treasury</name>
        </item>
        <item>
          <name>Executive agency funding and structure</name>
        </item>
        <item>
          <name>Insurance industry and regulation</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2018-04-11</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2019-04-19T15:02:33Z</updateDate>
        <text><![CDATA[ <p>This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to eliminate the Office of Financial Research. The bill also provides for funding for the Financial Stability Oversight Council. (Under current law, the council is funded by the Office of Financial Research.)</p>]]></text>
      </summary>
    </summaries>
    <title>To repeal the Office of Financial Research, and for other purposes.</title>
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        <titleType>Display Title</titleType>
        <title>To repeal the Office of Financial Research, and for other purposes.</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To repeal the Office of Financial Research, and for other purposes.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
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    </titles>
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        <type>Introduced in House</type>
        <date>2018-04-11T04:00:00Z</date>
        <formats>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-115hr5470ih/xml/BILLS-115hr5470ih.xml</url>
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        </formats>
      </item>
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    <latestAction>
      <actionDate>2018-04-11</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
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    <dc:language>EN</dc:language>
    <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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