Financial Institutions Examination Fairness and Reform Act
Summary
Financial Institutions Examination Fairness and Reform Act This bill (1) sets deadlines for final examination reports and exit interviews of a financial institution by a federal financial regulatory agency, and (2) establishes 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.
Bill status
in committee
1 of 4 stages cleared
Introduction
Sep 2022
Committee Review
Floor Vote
President
Introduced Sep 29, 2022
Last action Sep 29, 2022
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Sep 29, 2022
Committee
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
upper
Sep 29, 2022
Introduced
Introduced in Senate
upper
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Jerry Moran
RRepublican
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