HR-4545 : Still Just a Bill

Financial Institutions Examination Fairness and Reform Act

This bill amends the Federal Financial Institutions Examination Council Act of 1978 to:  

  • set deadlines for final examination reports and exit interviews of a financial institution by a federal financial regulatory agency, and
  • establish the Office of Independent Examination Review to adjudicate appeals and investigate complaints from financial institutions concerning examination reports.

The bill also requires the establishment of an independent internal agency appellate process at the Consumer Financial Protection Bureau (CFPB) for the review of supervisory determinations made at institutions supervised by the CFPB.

Action Timeline

Action DateTypeTextSource
2018-03-19IntroReferralReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
2018-03-15FloorMotion to reconsider laid on the table Agreed to without objection.House floor actions
2018-03-15VoteOn passage Passed by the Yeas and Nays: 283 - 133 (Roll no. 112).House floor actions
2018-03-15FloorConsidered as unfinished business. (consideration: CR H1642-1643)House floor actions
2018-03-15FloorPOSTPONED PROCEEDINGS - At the conclusion of debate on the Maxine Waters amendment, the Chair put the question on adoption of the amendment and by voice vote announced that the noes had prevailed. Ms. Waters demanded the yeas and nays, and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.House floor actions
2018-03-15FloorThe previous question was ordered on the amendment and the bill without objection.House floor actions
2018-03-15FloorDEBATE - Pursuant to the provisions of H.Res. 773, the House proceeded with 10 minutes of debate on the Waters Part B amendment No. 1.House floor actions
2018-03-15FloorDEBATE - The House proceeded with one hour of debate on H.R. 4545.House floor actions
2018-03-15FloorRule provides for consideration of H.R. 4545, H.R. 1116 and H.R. 4263. Rule provides for consideration of H.R. 4545 under a structured rule, and makes in order amendments printed in the report, with one motion to recommit with or without instructions. Rule also provides for consideration of H.R. 1116 and H.R. 4263 under closed rules. The rule provides for one hour of debate equally divided and controlled by the Chair and Ranking Minority Member of the Committee on Financial Services for each measure, and one motion to recommit with or without instructions for each measure.House floor actions
2018-03-15FloorConsidered under the provisions of rule H. Res. 773. (consideration: CR H1624-1634; text of measure as reported in House: CR H1624-1625)House floor actions
2018-03-15FloorORDER OF BUSINESS - Mr. Hensarling asked unanimous consent that the question of adopting amendment No. 1 printed in Part B of House Report 115-595 to H.R.4545 may be subject to postponement as though under clause 8 of rule 20. Agreed to without objection.House floor actions
2018-03-13FloorRules Committee Resolution H. Res. 773 Reported to House. Rule provides for consideration of H.R. 4545, H.R. 1116 and H.R. 4263. Rule provides for consideration of H.R. 4545 under a structured rule, and makes in order amendments printed in the report, with one motion to recommit with or without instructions. Rule also provides for consideration of H.R. 1116 and H.R. 4263 under closed rules. The rule provides for one hour of debate equally divided and controlled by the Chair and Ranking Minority Member of the Committee on Financial Services for each measure, and one motion to recommit with or without instructions for each measure.House floor actions
2018-03-06CalendarsPlaced on the Union Calendar, Calendar No. 447.House floor actions
2018-03-06CommitteeReported by the Committee on Financial Services. H. Rept. 115-589.House floor actions
2017-12-13CommitteeOrdered to be Reported by the Yeas and Nays: 50 - 10.House committee actions
2017-12-13CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2017-12-12CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2017-12-04IntroReferralReferred to the House Committee on Financial Services.House floor actions
2017-12-04IntroReferralIntroduced in HouseLibrary of Congress

Policy Area :

Finance and Financial Sector
See Subjects
  • Administrative law and regulatory procedures
  • Banking and financial institutions regulation
  • Consumer Financial Protection Bureau
  • Executive agency funding and structure
  • Federal Reserve System
  • Government studies and investigations
  • Judicial review and appeals
  • Performance measurement

Related Bills

See Related Bills