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    <number>8914</number>
    <updateDate>2023-01-11T13:44:00Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:44:00Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2020-12-09</introducedDate>
    <congress>116</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 166, Number 208 (Wednesday, December 9, 2020)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. CLEAVER:H.R. 8914.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8.[Page H7111]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
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            <name>Referred to</name>
            <date>2020-12-09T15:02:25Z</date>
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        <actionDate>2020-12-09</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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            <name>Financial Services Committee</name>
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        <text>Introduced in House</text>
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    <sponsors>
      <item>
        <bioguideId>C001061</bioguideId>
        <fullName>Rep. Cleaver, Emanuel [D-MO-5]</fullName>
        <firstName>Emanuel</firstName>
        <lastName>Cleaver</lastName>
        <party>D</party>
        <state>MO</state>
        <district>5</district>
        <isByRequest>N</isByRequest>
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    <policyArea>
      <name>Finance and Financial Sector</name>
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    <subjects>
      <legislativeSubjects>
        <item>
          <name>Bank accounts, deposits, capital</name>
        </item>
        <item>
          <name>Banking and financial institutions regulation</name>
        </item>
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          <name>Federal Reserve System</name>
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          <name>Securities</name>
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        <actionDate>2020-12-09</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2021-02-02T19:25:21Z</updateDate>
        <text><![CDATA[ <p><b>Risk Management for Derivatives Clearing Organizations Act </b></p> <p>This bill allows derivatives clearing organizations and clearing agencies to maintain accounts at a Federal Reserve Bank. </p>]]></text>
      </summary>
    </summaries>
    <title>Risk Management for Derivatives Clearing Organizations Act</title>
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        <titleType>Display Title</titleType>
        <title>Risk Management for Derivatives Clearing Organizations Act</title>
      </item>
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        <titleType>Short Title(s) as Introduced</titleType>
        <title>Risk Management for Derivatives Clearing Organizations Act</title>
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        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to permit certain non-designated clearinghouses access to a deposit account at a Federal reserve bank, to apply certain risk management standards to non-designated clearinghouses receiving certain services from a Federal reserve bank, and for other purposes.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
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        <type>Introduced in House</type>
        <date>2020-12-09T05:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-116hr8914ih/xml/BILLS-116hr8914ih.xml</url>
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    <latestAction>
      <actionDate>2020-12-09</actionDate>
      <text>Referred to the House Committee on Financial Services.</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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