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H.R. 4753 (115th): Federal Reserve Supervision Testimony Clarification Act

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About the bill

Source: Republican Policy Committee

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 ...

Sponsor and status

Frank Lucas

Sponsor. Representative for Oklahoma's 3rd congressional district. Republican.

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Last Updated: Sep 27, 2018
Length: 2 pages
Introduced
Jan 10, 2018
115th Congress, 2017–2019
Status
Died in a previous Congress

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.

Source

History

Jan 10, 2018
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Sep 13, 2018
 
Ordered Reported

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 21, 2018
 
On House Schedule

The House indicated that this bill would be considered in the week ahead.

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.

This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not enacted by the end of a Congress is cleared from the books.

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“H.R. 4753 — 115th Congress: Federal Reserve Supervision Testimony Clarification Act.” www.GovTrack.us. 2018. October 14, 2019 <https://www.govtrack.us/congress/bills/115/hr4753>

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