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Titles (2)

Short Titles

Short Titles - Senate

Short Titles as Introduced

Financial Institutions Examination Fairness and Reform Act

Official Titles

Official Titles - Senate

Official Titles as Introduced

A bill to amend the Federal Financial Institutions Examination Council Act of 1978 to improve the examination of depository institutions, and for other purposes.


Actions Overview (1)

Date
12/14/2017Introduced in Senate

All Actions (1)

Date
12/14/2017Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Action By: Senate

Cosponsors (4)

* = Original cosponsor
CosponsorDate Cosponsored
Sen. Manchin, Joe, III [D-WV]* 12/14/2017
Sen. Enzi, Michael B. [R-WY] 05/10/2018
Sen. Cornyn, John [R-TX] 05/24/2018
Sen. Inhofe, James M. [R-OK] 11/28/2018

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
Senate Banking, Housing, and Urban Affairs12/14/2017 Referred to

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Subjects (1)


Latest Summary (1)

There is one summary for S.2237. View summaries

Shown Here:
Introduced in Senate (12/14/2017)

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.