About the bill
H.R. 4753 establishes procedures to ensure that the Federal Reserve fulfills its obligations mandated by Section 1108 of the Dodd-Frank Act, which established the position of Vice Chairman for Supervision at the Board of Governors.
Under Section 1108, the Vice Chairman for Supervision “shall develop policy recommendations for the Board regarding supervision and regulation of depository institution holding companies and other financial firms supervised by the Board, and shall oversee the supervision and regulation of such firms.”
Section 1108 further states that “The Vice Chairman for Supervision shall appear before the Committee on Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives and at semi-annual hearings regarding the efforts, activities, objectives, and plans of the Board with respect to ...
Sponsor and status
Sponsor. Representative for Oklahoma's 3rd congressional district. Republican.
Last Updated: Sep 27, 2018
Length: 2 pages
115th Congress (2017–2019)
This bill was introduced in a previous session of Congress and was passed by the House on September 26, 2018 but was never passed by the Senate.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
What legislators are saying
“House Passes Lucas Bill to Increase Transparency at Fed”
— Rep. Frank Lucas [R-OK3] (Sponsor) on Oct 1, 2018
Jan 10, 2018
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
Sep 13, 2018
A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.
Sep 26, 2018
Passed House (Senate next)
The bill was passed in a vote in the House. It goes to the Senate next. The vote was by voice vote so no record of individual votes was made.
Sep 26, 2018
Reported by House Committee on Financial Services
A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.
H.R. 4753 (115th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 4753. This is the one from the 115th Congress.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
GovTrack.us. (2021). H.R. 4753 — 115th Congress: Federal Reserve Supervision Testimony Clarification Act. Retrieved from https://www.govtrack.us/congress/bills/115/hr4753
“H.R. 4753 — 115th Congress: Federal Reserve Supervision Testimony Clarification Act.” www.GovTrack.us. 2018. September 19, 2021 <https://www.govtrack.us/congress/bills/115/hr4753>
Federal Reserve Supervision Testimony Clarification Act, H.R. 4753, 115th Cong. (2018).
|title=H.R. 4753 (115th)
|accessdate=September 19, 2021
|author=115th Congress (2018)
|date=January 10, 2018
|quote=Federal Reserve Supervision Testimony Clarification Act
Where is this information from?
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