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        <title>Consumer Financial Choice and Capital Markets Protection Act of 2018</title>
        <congress>115</congress>
        <number>2319</number>
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          <actionDate>2018-08-24</actionDate>
          <text>Placed on the Union Calendar, Calendar No. 699.</text>
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        <text>Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-354.</text>
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        <fullName>Sen. Toomey, Patrick [R-PA]</fullName>
        <firstName>Patrick</firstName>
        <lastName>Toomey</lastName>
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        <state>PA</state>
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        <fullName>Sen. Manchin, Joe, III [D-WV]</fullName>
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        <state>WV</state>
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        <bioguideId>R000605</bioguideId>
        <fullName>Sen. Rounds, Mike [R-SD]</fullName>
        <firstName>Mike</firstName>
        <lastName>Rounds</lastName>
        <party>R</party>
        <state>SD</state>
        <sponsorshipDate>2017-05-11</sponsorshipDate>
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        <fullName>Sen. Menendez, Robert [D-NJ]</fullName>
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        <state>NJ</state>
        <sponsorshipDate>2017-05-11</sponsorshipDate>
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        <fullName>Sen. Peters, Gary C. [D-MI]</fullName>
        <firstName>Gary</firstName>
        <lastName>Peters</lastName>
        <party>D</party>
        <state>MI</state>
        <sponsorshipDate>2017-09-14</sponsorshipDate>
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    <policyArea>
      <name>Finance and Financial Sector</name>
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          <name>Bank accounts, deposits, capital</name>
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          <name>Consumer affairs</name>
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          <name>Financial crises and stabilization</name>
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          <name>Financial services and investments</name>
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          <name>Government lending and loan guarantees</name>
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        <actionDesc>Introduced in Senate</actionDesc>
        <updateDate>2018-02-08T20:43:54Z</updateDate>
        <text><![CDATA[ <p><strong>Consumer Financial Choice and Capital Markets Protection Act of 2017</strong></p> <p>This bill amends the Investment Company Act of 1940 to allow a money market fund, under specified conditions, to elect to operate using a different method of valuation than&nbsp;is otherwise required. A money market fund that elects to do so shall not be subject to specified&nbsp;requirements related to the imposition of liquidity fees.</p> <p>Certain&nbsp;federal assistance may not be provided directly to any money market fund. This limitation on federal assistance must be disclosed in a money market's&nbsp;advertising&nbsp;and sales literature.</p>]]></text>
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    <title>Consumer Financial Choice and Capital Markets Protection Act of 2017</title>
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        <title>Consumer Financial Choice and Capital Markets Protection Act of 2017</title>
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        <title>A bill to protect the investment choices of investors in the United States, and for other purposes.</title>
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        <title>Consumer Financial Choice and Capital Markets Protection Act of 2017</title>
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        <type>Introduced in Senate</type>
        <date>2017-05-11T04:00:00Z</date>
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    <latestAction>
      <actionDate>2018-06-26</actionDate>
      <text>Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-354.</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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