S-881 : Still Just a Bill

Comprehensive Regulatory Review Act of 2015

This bill amends the Economic Growth and Regulatory Paperwork Reduction Act of 1996 to specify the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, the Board of Governors of the Federal Reserve System, the Consumer Financial Protection Bureau, and the National Credit Union Administration Board as the federal agency representatives on the Federal Financial Institutions Examination Council which are required, along with the Council, to review all Council-prescribed regulations at least once every 10 years in order to identify outdated or unnecessary regulatory requirements imposed upon financial institutions (currently, only insured depository institutions).

This decennial review shall include all regulations issued pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act.

Action Timeline

Action DateTypeTextSource
2016-04-14IntroReferralCommittee on Banking, Housing, and Urban Affairs. Joint hearings held by the Subcommittee on Securities, Insurance, and Investment and the Subcommittee on Economic Policy. Hearings printed: S.Hrg. 114-319.Senate
2015-03-26IntroReferralRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
2015-03-26IntroReferralIntroduced in SenateLibrary of Congress

Sponsor :

Mike Crapo [R] (ID)
See Cosponsors

Policy Area :

Finance and Financial Sector
See Subjects
  • Administrative law and regulatory procedures
  • Banking and financial institutions regulation
  • Department of the Treasury
  • Federal Deposit Insurance Corporation (FDIC)
  • Federal Reserve System
  • National Credit Union Administration
  • Consumer Financial Protection Bureau

Related Bills

See Related Bills