Restoring Financial Market Freedom Act of 2017
This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the authority of the Financial Stability Oversight Council to designate financial market utilities (i.e., payment, clearing, and settlement systems) as "systemically important" (also known as "too big to fail"). Under current law, entities so designated are subject to additional regulatory restrictions.
| Action Date | Type | Text | Source |
|---|---|---|---|
| 2019-01-02 | Calendars | Placed on the Union Calendar, Calendar No. 886. | House floor actions |
| 2019-01-02 | Committee | Reported by the Committee on Financial Services. H. Rept. 115-1119. | House floor actions |
| 2017-11-15 | Committee | Ordered to be Reported by the Yeas and Nays: 33 - 25. | House committee actions |
| 2017-11-15 | Committee | Committee Consideration and Mark-up Session Held. | House committee actions |
| 2017-11-03 | IntroReferral | Referred to the House Committee on Financial Services. | House floor actions |
| 2017-11-03 | IntroReferral | Introduced in House | Library of Congress |