Summary: H.R.3453 — 114th Congress (2015-2016)All Information (Except Text)

There is one summary for H.R.3453. Bill summaries are authored by CRS.

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Introduced in House (09/08/2015)

Federal Home Loan Bank Product Act

This bill amends the Commodity Exchange Act to make the Federal Housing Finance Agency the appropriate federal banking agency for any Federal Home Loan Bank (thereby exempting any Federal Home Loan Bank loan from regulation as a swap).

The Legal Certainity for Bank Products Act of 2000 is amended to include as a bank any Federal Home Loan Bank.