3.0.0 3198 2022-11-01T07:02:35Z 2022-11-01T07:02:35Z House HR 2019-06-11 116 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. LOUDERMILK:H.R. 3198.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the Constitution.[Page H4432]]]> hsba00 Financial Services Committee House Standing Referred to 2019-06-11T14:02:10Z 2019-06-11 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2019-06-11 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-06-11 Introduced in House IntroReferral 1000 9 Library of Congress L000583 Rep. Loudermilk, Barry [R-GA-11] Barry Loudermilk R GA 11 N G000583 Rep. Gottheimer, Josh [D-NJ-5] Josh Gottheimer D NJ 5 2019-06-11 True Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Consumer Financial Protection Bureau Consumer credit Department of the Treasury Federal Deposit Insurance Corporation (FDIC) Federal Reserve System National Credit Union Administration Finance and Financial Sector 00 2019-06-11 Introduced in House 2019-06-21T13:46:43Z Comprehensive Regulatory Review Act

This bill expands the required comprehensive review of financial regulatory requirements. Specifically, the review must be completed by the Consumer Financial Protection Bureau (CFPB) and the National Credit Union Administration, in addition to (as required under current law) the Federal Financial Institutions Examination Council, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the Federal Reserve Board. The review must be performed at least every 7, rather than 10, years.

After performing the review, a regulator must consider tailoring regulations to limit specified burdens.

The bill specifies information and criteria the CFPB must use when conducting its review.

]]> Comprehensive Regulatory Review Act Display Title Comprehensive Regulatory Review Act Official Title as Introduced To amend the Economic Growth and Regulatory Paperwork Reduction Act of 1996 to ensure that Federal financial regulators perform a comprehensive review of regulations to identify outdated or otherwise unnecessary regulatory requirements imposed on covered persons, and for other purposes. Introduced in House IH Short Title(s) as Introduced Comprehensive Regulatory Review Act Introduced in House IH Introduced in House 2019-06-11T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr3198ih/xml/BILLS-116hr3198ih.xml 2019-06-11 Referred to the House Committee on Financial Services. 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.