118th Congress Finance and Financial Sector
H.R. 5739: Shutdown Guidance for Financial Institutions Act
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill directs financial regulators—including the Federal Reserve Board, the Consumer Financial Protection Bureau, the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the National Credit Union Administration—to issue guidance relating to a government shutdown. Among other things, financial regulators must issue guidance encouraging financial institutions
- to modify loan terms and to extend credit to consumers and businesses affected by a shutdown, and
- to take steps to prevent the reporting of adverse credit information related to a shutdown.
Financial regulators must also notify the public of this guidance in the event of a government shutdown, and complete a report after a government shutdown regarding the guidance's effectiveness.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Jim Costa D-CAOriginal
- Gerald Connolly D-VAOriginal
- Jennifer McClellan D-VAOriginal
- Eleanor Norton D-DCOriginal
- Jamie Raskin D-MDOriginal
- Andrea Salinas D-OROriginal
- David Trone D-MDOriginal
- Donald Beyer D-VA
- Sean Casten D-IL
- Josh Gottheimer D-NJ
- Debbie Dingell D-MI
- William Keating D-MA
- Mikie Sherrill D-NJ
- Jahana Hayes D-CT
Who scored on this bill
No member has earned points from it yet.
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by Jennifer Wexton
- H.R. 3391: Gabriella Miller Kids First Research Act 2.0
- H.R. 3354: Secretary of State Madeleine Albright Post Office Building (Purcellville, VA)
- H.R. 6210: To designate the General George C. Marshall House, in the Commonwealth of Virginia, as an affiliated area of the National Park System, and for other purposes.
- H.R. 7152: Korean American Divided Families National Registry Act
History
- Introduced in the House by Jennifer Wexton.
Show the full action history (2 actions)
- Introduced in House
- Referred to the Committee on Financial Services, and in addition to the Committee on the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.