S-2237 : 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
2017-12-14IntroReferralRead twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
2017-12-14IntroReferralIntroduced in SenateLibrary of Congress

Sponsor :

Sen. Moran, Jerry [R-KS]
See Cosponsors

Policy Area :

Finance and Financial Sector
See Subjects
  • Administrative remedies
  • Bank accounts, deposits, capital
  • Banking and financial institutions regulation
  • Congressional oversight
  • Consumer Financial Protection Bureau
  • Consumer credit
  • Executive agency funding and structure
  • Government information and archives
  • Government studies and investigations
  • Judicial review and appeals

Related Bills

See Related Bills